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Lululemon price target lowered to $385 from $390 at Piper Sandler
The Fly

Lululemon price target lowered to $385 from $390 at Piper Sandler

Piper Sandler analyst Abbie Zvejnieks lowered the firm’s price target on Lululemon to $385 from $390 and keeps an Overweight rating on the shares. Despite a highly uncertain consumer backdrop, consumers continue to react to strong brands and innovation although 2023 estimates "are likely broadly too high," Zvejnieks tells investors in a research note.

Published first on TheFly

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