Analysts Are Downgrading These 5 Stocks

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In this article, we discuss the 5 stocks receiving downgraded from analysts. If you want to see more such stocks on the list, go directly to Analysts Are Downgrading These 10 Stocks

5. Lululemon Athletica Inc. (NASDAQ:LULU)

Number of Hedge Fund Holders: 57

Lululemon Athletica Inc. (NASDAQ:LULU) shares slipped nearly two percent on Tuesday, January 24, after Bernstein turned bearish on the Canadian athletic apparel retailer. Analyst Aneesha Sherman downgraded Lululemon from “Market Perform” to “Underperform.”

Sherman referred to a cautious consumer outlook, normalized demand trends and negative margin mix shifts. She believes these factors are going to impact the company’s probability. The analyst also cut her price target for Lululemon Athletica Inc. (NASDAQ:LULU) from $340 per share to $290 per share.

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