BMO starts Lululemon coverage with Underperform rating
BMO Capital Markets initiated coverage of Lululemon with an Underperform rating and set a $70 price target, citing difficulty in a quick turnaround, share loss, accelerating sales declines, rising competition in the US market, and a weaker Americas region after a lowered full-year outlook.
This is a real-time flash headline. A verified provider body is not available, so SquawkNews does not present it as a full article.