bearish

Lululemon (LULU) - Thursday, Apr 4, 2024

355 Views09 Jul 2024 14:58
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SUMMARY
  • Strong candidate for shorting in the short-run, potential to miss revenue consensus by 4-5ppt in Q1 2024
  • Recommendation to short LULU US when share price is above USD410, price target of USD300 before next earnings date in May 2024
  • Lululemon is a leading brand in women's indoor training and yoga, overvalued and likely to see a decline in share price

This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

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