BofA Cuts Lululemon (LULU) PT to $185 on Slower China Growth, Reduced Full-Year Revenue Guidance

Lululemon Athletica Inc. (NASDAQ:LULU) is one of the best Canadian stocks to buy now. On September 12, BofA analyst Lorraine Hutchinson lowered the firm’s price target on Lululemon to $185 from $210, while keeping a Neutral rating on the shares to reflect slower China growth and better tariff mitigation. While BofA is raising its FY2026 EPS estimate by 1% to $13.15, it is reducing its price target to reflect a lower sales growth rate. This sentiment was posted after the company announced its FQ2 2026 fina ...