Lulu’s Fashion Lounge (NASDAQ:LVLU) Price Target Lowered to $15.00 at The Goldman Sachs Group
Lulu’s Style Lounge (NASDAQ:LVLU – Get Rating) had its selling price goal lessened by The Goldman Sachs Team from $33.00 to $15.00 in a research report report revealed on Monday morning, MarketBeat Rankings experiences. They at the moment have a get score on the stock.
Other equities analysts have also issued research studies about the stock. Cowen restated a acquire rating and set a $15.00 concentrate on cost on shares of Lulu’s Vogue Lounge in a report on Friday, April 1st. Telsey Advisory Team assumed protection on shares of Lulu’s Fashion Lounge in a study be aware on Monday, December 6th. They established an outperform rating and a $18.00 cost focus on on the inventory. Zacks Investment decision Investigate elevated shares of Lulu’s Style Lounge from a market score to a keep score in a analysis take note on Tuesday, March 8th. Robert W. Baird assumed protection on shares of Lulu’s Vogue Lounge in a exploration take note on Monday, December 6th. They established an outperform rating and a $17.00 selling price goal on the inventory. Last but not least, Lender of The us assumed protection on shares of Lulu’s Vogue Lounge in a study be aware on Monday, December 6th. They set a acquire score and a $14.00 price tag focus on on the stock. Nine expense analysts have rated the inventory with a buy ranking, According to MarketBeat.com, the inventory now has a consensus ranking of Buy and a consensus concentrate on price tag of $15.86.
NASDAQ:LVLU opened at $9.02 on Monday. The company has a recent ratio of 1.14, a fast ratio of .62 and a credit card debt-to-equity ratio of .56. The company’s fifty working day straightforward shifting average is $8.48. Lulu’s Style Lounge has a twelve month small of $5.10 and a twelve month large of $15.09.
Many institutional traders and hedge funds have lately extra to or lowered their stakes in LVLU. Canada Pension Program Financial investment Board acquired a new posture in shares of Lulu’s Trend Lounge in the 4th quarter valued at about $76,725,000. Principal Fiscal Group Inc. obtained a new position in shares of Lulu’s Style Lounge in the 4th quarter valued at about $14,918,000. Instructor Retirement Process of Texas acquired a new position in shares of Lulu’s Fashion Lounge in the 4th quarter valued at about $3,197,000. Leonard Eco-friendly & Partners L.P. obtained a new situation in shares of Lulu’s Trend Lounge in the 4th quarter valued at about $3,069,000. Eventually, Retirement Methods of Alabama obtained a new placement in shares of Lulu’s Fashion Lounge in the 4th quarter valued at about $2,813,000. 1.14% of the stock is owned by institutional traders.
About Lulu’s Fashion Lounge (Get Rating)
Lulu’s Trend Lounge Holdings, Inc operates as an on the web retailer of women’s outfits, shoes, and equipment. It provides attire, tops, bottoms, bridal don, intimates, swimwear, footwear, and accessories under the Lulus model. The business sells its products as a result of owned media, which primarily consists of its web site, cellular application, social media platforms, email, and SMS attained media and paid out media that is made up of paid ad on lookup engines, this kind of as Google and Bing, as properly as social media platforms comprising Facebook and Instagram.
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