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Priya Nigam

Lululemon Athletica Is 'Over-Investing In Innovation,' Analyst Cuts Price Target

LULU Lululemon Lululemon Athletica Anna Andreeva Lululemon Athletica Inc Piper Sandler

Roseville,,Ca,-,November,17,,2019:,Lululemon,Clothing,Boutique,Storefront

There could be further risk to Lululemon Athletica Inc's (NASDAQ:LULU) estimates, given its continued product execution issues and sale section growth, according to Piper Sandler.

The Lululemon Athletica Analyst: Analyst Anna Andreeva maintained a Neutral rating, while reducing the price target from $270 to $200.

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