In a report released on March 15, Dana Telsey from Telsey Advisory maintained a Buy rating on Lulu’s Fashion Lounge Holdings (LVLU – Research Report), with a price target of $5.00. The company’s shares closed yesterday at $2.32.
According to TipRanks, Telsey is an analyst with an average return of -7.1% and a 33.21% success rate. Telsey covers the Consumer Goods sector, focusing on stocks such as Abercrombie Fitch, Chico’s FAS, and Deckers Outdoor.
In addition to Telsey Advisory, Lulu’s Fashion Lounge Holdings also received a Buy from Goldman Sachs’s Brooke Roach in a report issued on March 15. However, on March 16, Bank of America Securities reiterated a Hold rating on Lulu’s Fashion Lounge Holdings (NASDAQ: LVLU).
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LVLU market cap is currently $91.15M and has a P/E ratio of 24.47.
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Lulus Fashion Lounge Holdings Inc is a fashion brand primarily serving Millennial and Gen Z women. Its products include Fall Dresses, Winter Dresses, Sweater Dresses, Short Dresses, Casual Dresses, Wedding Dresses, and Denims, among others.
Read More on LVLU:
- Lulu’s Fashion Lounge price target lowered to $3 from $11 at Piper Sandler
- Lulu’s Fashion Lounge price target lowered to $4 from $5 at BTIG
- Lulu’s Fashion Lounge sees FY23 revenue $410M-$430M, consensus $459.6M
- Lulu’s Fashion Lounge reports Q4 EPS (14c), consensus (11c)
- Lulu’s Fashion Lounge price target lowered to $5.50 from $7.00 at Baird
