Cowen cut shares of Lulu’s Fashion Lounge (NASDAQ:LVLU – Get Rating) from an outperform rating to a market perform rating in a research note published on Tuesday, The Fly reports. They currently have $5.50 price objective on the stock, down from their previous price objective of $8.00.
Several other research analysts also recently commented on LVLU. Cowen dropped their target price on shares of Lulu’s Fashion Lounge from $22.00 to $12.00 in a report on Friday, July 29th. Telsey Advisory Group dropped their target price on shares of Lulu’s Fashion Lounge from $12.00 to $9.00 and set an outperform rating on the stock in a report on Wednesday, November 16th. Robert W. Baird dropped their price objective on shares of Lulu’s Fashion Lounge from $17.00 to $10.00 and set an outperform rating on the stock in a report on Friday, July 29th. KeyCorp dropped their price objective on shares of Lulu’s Fashion Lounge from $10.00 to $7.00 and set an overweight rating on the stock in a report on Wednesday, November 16th. Finally, Piper Sandler decreased their target price on shares of Lulu’s Fashion Lounge from $14.00 to $11.00 and set a neutral rating on the stock in a research report on Wednesday, August 17th. Four analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of Moderate Buy and an average price target of $11.19.
Lulu’s Fashion Lounge Stock Down 5.8 %
LVLU stock opened at $4.09 on Tuesday. The firm has a market cap of $159.22 million and a PE ratio of -0.91. Lulu’s Fashion Lounge has a 1 year low of $4.02 and a 1 year high of $21.29. The company has a current ratio of 1.13, a quick ratio of 0.42 and a debt-to-equity ratio of 0.22. The company has a fifty day simple moving average of $5.35 and a 200 day simple moving average of $8.51.
Hedge Funds Weigh In On Lulu’s Fashion Lounge
Lulu’s Fashion Lounge Company Profile
Lulu's Fashion Lounge Holdings, Inc operates as an online retailer of women's clothing, shoes, and accessories. The company offers dresses, tops, bottoms, bridal wear, intimates, swimwear, footwear, and accessories under the Lulus brand. It sells its products through owned media, which primarily consists of its website, mobile app, social media platforms, email, and SMS; and earned and paid media, as well as social media platforms.
- Get a free copy of the StockNews.com research report on Lulu’s Fashion Lounge (LVLU)
- Is the 60/40 Portfolio Mix Still in Vogue?
- Three CBD Stocks to Dominate a Budding Industry
- Institutional Support for Analog Devices Remains High
- Microsoft Shares: Is it Time to Back Up the Truck?
- Salesforce Cuts Labor, Shows Strong Earnings Despite Challenges
Receive News & Ratings for Lulu's Fashion Lounge Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lulu's Fashion Lounge and related companies with MarketBeat.com's FREE daily email newsletter.