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Analysts Offer Insights on Consumer Cyclical Companies: Wolverine World Wide (WWW) and Lululemon Athletica (LULU)

Tipranks - Thu Mar 19, 5:42AM CDT

Analysts fell to the sidelines weighing in on Wolverine World Wide (WWWResearch Report) and Lululemon Athletica (LULUResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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Wolverine World Wide (WWW)

Williams Trading analyst Sam Poser maintained a Hold rating on Wolverine World Wide today and set a price target of $17.00. The company’s shares closed last Tuesday at $16.60.

According to TipRanks.com, Poser is a 5-star analyst with an average return of 17.0% and a 51.1% success rate. Poser covers the NA sector, focusing on stocks such as Birkenstock Holding plc, Canada Goose Holdings, and Deckers Outdoor. ;'>

Wolverine World Wide has an analyst consensus of Moderate Buy, with a price target consensus of $23.44.

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Lululemon Athletica (LULU)

In a report released today, Ike Boruchow from Wells Fargo maintained a Hold rating on Lululemon Athletica, with a price target of $150.00. The company’s shares closed last Tuesday at $159.27.

According to TipRanks.com, Boruchow is a 1-star analyst with an average return of -0.2% and a 44.2% success rate. Boruchow covers the NA sector, focusing on stocks such as Academy Sports and Outdoors, Canada Goose Holdings, and Dick’s Sporting Goods. ;'>

Currently, the analyst consensus on Lululemon Athletica is a Hold with an average price target of $198.29, which is a 22.8% upside from current levels. In a report released today, TipRanks – xAI also downgraded the stock to Hold with a $171.00 price target.

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