$Lululemon Athletica(LULU)$  

Lululemon fell almost 18% in one day. 

Big reasons:

• They cut their full-year forecast again.

• U.S. sales only grew 1%, which is weak.

• Tariffs are hitting profits, costing them about $240M this year.

• Analysts rushed to downgrade. Some even put price target at $150.

That’s why the stock sank. But at today’s price, valuation looks much lower than before. If sales improve or holiday season is strong, it could bounce.


# Analysts Adjust Price Targets and Ratings for Lululemon Athletica

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  • Pablo_Chua
    ·09-08
    TOP
    over hyped consumer discretionary goods buy below fair value of $150
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  • JIANG_LIM
    ·09-06
    its trading around 12x PE now, way below its 5-yr average of 30+. so by that measure it does look oversold. in my personal view, short-term it can still drift lower if sentiment stays bad. longer-term, if holiday sales or new products click, the stock has room to re-rate higher. I lean toward bullish.
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  • Yourstruly
    ·09-07
    I’ve noticed a lot of users aren’t technically aware, the stock is a buy.
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  • has it been oversold? lulu has come way off 52 week high of  usd423. 
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  • okalla
    ·09-07
    Great article, would you like to share it?
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