HSBC Downgrades lululemon athletica (LULU) Stock to Hold

lululemon athletica inc. (NASDAQ:LULU) is one of the Best Undervalued Stocks to Invest in According to Reddit. On September 11, HSBC downgraded the company’s stock to “Hold” from “Buy” with a price objective of $175, down from the prior target of $275. As per the firm, lululemon athletica inc. (NASDAQ:LULU) has an uphill battle when it comes to turning around the U.S. business. The company provided a grim FY 2025 outlook because of its ongoing corrective measures, tariff impacts, and the end of De minimis ...