Lululemon's price target slashed to $324 at Wedbush

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Wedbush has lowered its price target on Lululemon to $324 from $400. The analyst is expecting downwardly revised guidance on the horizon. Market Domination Hosts Josh Lipton and Seana Smith report more on the move despite the firm maintaining its Outperform rating on the stock.

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This post was written by Melanie Riehl