Lululemon Athletica (NASDAQ: LULU) has the brand strength and loyal fans to help it meet the goals of its latest growth plan. While many retailers suffered during parts of the pandemic, Lululemon connected with fans online. Lululemon has actually grown from pre-pandemic days through today.
Lululemon's downgrade hit the wires last week, and as did a fresh buy call for Norfolk Southern. Here are all of this past week's most significant analyst rating changes, covered first on InvestingPro. Sign up for comprehensive, rapid-fire coverage of market-moving analyst moves.
Bernstein Analyst Aneesha Sherman discusses downgrading Lululemon to Underperform. You can see the entire interview here. Key Video Takeaways 00:14 On why growth for LULU has run out 00:28 On revenge spending 00:40 On why Bernstein downgraded LULU