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Netflix and Meta Platforms lead recent analyst downgrades yet retain bullish consensus ratings, while Lululemon faces a Reduce rating amid fundamental brand and growth concerns.
JPMorgan adjusted its Lululemon stock price target after Q2 results and management’s updated outlook.
Truist downgrades Lululemon stock to Sell. Here’s why analyst Joseph Civello believes LULU shares are poised for further downside ahead.
Investing.com -- BTIG downgraded Lululemon Athletica to Neutral from Buy in a note on Friday, citing deteriorating sales trends, reduced earnings visibility, and uncertainty ahead of a leadership transition, analyst Janine Stichter said.
Wells Fargo just delivered a contrarian gut check to Nike (NYSE:NKE) stock bulls, downgrading the athletic wear giant to Equal Weight from Overweight and trimming its price target to $45 from $55. The call lands with Nike stock already under pressure, down roughly 30% year to date (YTD) and off 25% over the past year. ... Wells Fargo Downgrades Nike to Equal Weight: GLP-1 Mega-Trend Threatens the Athletic Wear Giant
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