Lulu’s Fashion Lounge (NASDAQ:LVLU – Get Rating) had its price objective trimmed by Robert W. Baird from $7.00 to $5.50 in a research report released on Wednesday morning, The Fly reports.
Several other brokerages have also commented on LVLU. Jefferies Financial Group lowered Lulu’s Fashion Lounge from a buy rating to a hold rating and dropped their price objective for the company from $15.00 to $3.00 in a report on Wednesday, February 15th. The Goldman Sachs Group lowered their price objective on Lulu’s Fashion Lounge from $8.75 to $5.00 and set a buy rating for the company in a research report on Monday, December 12th. BTIG Research assumed coverage on Lulu’s Fashion Lounge in a research report on Monday, February 6th. They issued a buy rating and a $5.00 target price for the company. Cowen downgraded Lulu’s Fashion Lounge from an outperform rating to a market perform rating and cut their target price for the stock from $8.00 to $5.50 in a research note on Tuesday, November 22nd. Finally, Telsey Advisory Group reiterated an outperform rating and set a $9.00 target price on shares of Lulu’s Fashion Lounge in a report on Tuesday, March 7th. Five investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of Moderate Buy and a consensus price target of $4.58.
Lulu’s Fashion Lounge Price Performance
LVLU opened at $2.32 on Wednesday. Lulu’s Fashion Lounge has a 12-month low of $1.93 and a 12-month high of $21.29. The business’s fifty day simple moving average is $2.95 and its 200-day simple moving average is $4.05. The company has a market capitalization of $91.15 million, a price-to-earnings ratio of 29.00 and a beta of -0.02. The company has a current ratio of 1.45, a quick ratio of 0.42 and a debt-to-equity ratio of 0.39.
Institutional Trading of 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)
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