Companies will be simultaneously raising prices and may hurt demand, says Oppenheimer's Brian Nagel

Joining me now after downgrading the stock and removing his price target altogether is Oenheimer's Brian Nagel. Uh Brian, thank you for being here. Why downgrade just to perform.Why not underperform if you're removing the price target uh with the stock in freef fall today. >> Well, look, I it's a good question. Um I mean the point when I've been talking to our clients all day on this, you know, look, Lulu has hit a speed bump, right.There's there's there's merchandising issues at the company. I think manage ...