LULU Stock Price and Chart — NEO:LULU

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JPMorgan has downgraded Lululemon athletica from Overweight to Neutral and reduced its price target from $303 to $224 per share.

Lululemon's revenue increasingly depends on a few new products, while rising inventory pressures are leading to deeper discounts, which may affect profit margins.

Lululemon Athletica struggles to label product origins due to U.S. tariffs, sourcing materials from China for items made in Vietnam amid changing trade rules.

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About lululemon athletica

lululemon athletica, Inc. engages in the business of designing, distributing, and retailing technical athletic apparel, footwear, and accessories. It operates through the following segments: Company-Operated Stores, Direct to Consumer, and Other. The company was founded by Dennis James Wilson in 1998 and is headquartered in Vancouver, Canada.

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