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Truist downgrades Lululemon stock rating on sales pressure

Truist Securities downgraded Lululemon Athletica Inc. (NASDAQ:LULU) to Sell from Hold, lowering its price target to $94 from $115, citing significant sales pressure and limited recovery visibility. The firm pointed to declining mindshare, growing competition, and public relations missteps as key concerns, with other …

Lululemon cut to ‘sell’ at Truist on downside risks, weak trends (LULU:NASDAQ)

Truist Securities has downgraded Lululemon Athletica (LULU) to "sell" from "hold," citing significant downside risks in the near to medium term and limited visibility for recovery. The brokerage also reduced its price target for LULU from $115 to $94, indicating a potential 20% downside.

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