|Bid||0.00 x 1000|
|Ask||0.00 x 800|
|Day's Range||452.52 - 462.23|
|52 Week Range||286.58 - 467.63|
|Beta (5Y Monthly)||1.35|
|PE Ratio (TTM)||58.51|
|Earnings Date||Dec 06, 2023 - Dec 11, 2023|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||440.49|
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Raymond James analysts downgrade shares of athleisure brand Lululemon (LULU) to an "Outperform" rating, citing softening US consumer demand. With value-driven consumer trends, affordable athletic wear alternatives appear to be a driving force for many shoppers this holiday season. Yahoo Finance’s Brad Smith and Seana Smith take a closer look at the opportunities that may exist for more affordable brands in the casual athletic wear category. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
The stock's next test will come with third quarter earnings, set to be reported on Thursday. Investors will pay attention to comments on sales trends and consumer health.
Lululemon downgraded, Datadog initiated: Wall Street's top analyst calls