4/9 Daily Market Note: DCF Conclusion Study on Lululemon (LULU)
What is the final bearish target on LULU?
Hey Everyone-
This note is going to be one of my DCF Conclusion Studies on a premier company that has recently fallen out of favor with the market: Lululemon (LULU). It’s not just LULU though that has gained bearish sentiment, but also the broader retail sector.
Before we get started on it, feel free to check out my recap on today’s session in a recent Instagram Post shared here.
With that said, let’s get into LULU! Down -30% from its peak and now trading at valuations near COVID, has Wall Street become too pessimistic? And will this one be just like the other retail names (Disney, Dollar General, Dollar Tree) that go through a 4-6 month soft patch only to rally significantly from its local lows.
Let’s discuss below.