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Wajeeh Khan

REVEALED: This analyst just downgraded lululemon stock heres why | Vintage Vibes

LULU Lululemon Joseph Civello Truist Lululemon Athletica

Lululemon (LULU) shares are in the spotlight on Thursday after a senior Truist analyst warned the path to least resistance is lower in the near to medium term.

In his research note this morning, Joseph Civello downgraded LULU to “Sell,” and lowered his price target on the athletic apparel company to $94, indicating potential downside of another 21% from here.

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