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lululemon athletica logo with Consumer Discretionary background

Key Points

  • Oppenheimer has reaffirmed a "market perform" rating for lululemon athletica (NASDAQ:LULU), indicating a neutral stance on the stock's performance following its recent quarterly earnings.
  • Multiple analysts have recently adjusted their target prices for lululemon, with Barclays cutting it from $270 to $209, and Citigroup lowering it from $270 to $220, reflecting a cautious outlook among investment firms.
  • Despite mixed ratings from analysts, lululemon's stock is currently trading above its 50-day moving average and has seen a 3.8% increase recently, indicating some resilience in the market.
  • Interested in lululemon athletica? Here are five stocks we like better.
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