Lululemon (LULU) Price Target Cut Amid Leadership Concerns

Lululemon Athletica Inc. (NASDAQ:LULU) ranks among the most profitable Canadian Stocks to buy now. On March 18, Truist Securities reduced its price target for Lululemon Athletica Inc. (NASDAQ:LULU) shares to $170 from $200, keeping a Hold rating. The firm highlighted persistent uncertainty over the company’s CEO search as the main driver for the price target adjustment. The athletic gear retailer is under interim leadership for now as it looks for a new CEO. Meanwhile, on March 17, Jefferies reiterated i ...