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Lululemon Stock Plunges 12.29% Amid Analyst Downgrade
Generated by AI AgentAinvest Movers Radar
Thursday, Apr 3, 2025 7:45 am ET1min read
On April 3, 2025,
Athletica's stock experienced a significant drop of 12.29% in pre-market trading, reflecting a challenging period for the company.Analysts at Argus have downgraded
from a Buy to a Hold rating, citing concerns over the company's growth prospects. This move comes amidst a period of stock decline, which has raised questions about the company's future performance.Despite the downgrade, CFRA has taken a more optimistic stance, upgrading Lululemon's stock to a Buy rating. CFRA views the recent decline as an opportunity for investors, suggesting that the current stock price presents a favorable entry point for those looking to invest in the company.
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