
This Lululemon Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Tuesday

Top Wall Street analysts have downgraded several stocks, including Lululemon, Park Hotels, TaskUs, Pinnacle West, and AST SpaceMobile. Keybanc's Ashley Owens downgraded Lululemon from Overweight to Sector Weight, while Citigroup's Smedes Rose downgraded Park Hotels from Buy to Neutral. Morgan Stanley's James Faucette downgraded TaskUs from Overweight to Equal-Weight. Mizuho's Anthony Crowdell downgraded Pinnacle West from Outperform to Neutral, and UBS's Christopher Schoell downgraded AST SpaceMobile from Buy to Neutral. Analysts have adjusted price targets for these companies accordingly.
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.
- Keybanc analyst Ashley Owens downgraded the rating for lululemon athletica inc. (NASDAQ:LULU) from Overweight to Sector Weight. Lululemon shares closed at $168.10 on Monday. See how other analysts view this stock.
- Citigroup analyst Smedes Rose downgraded Park Hotels & Resorts Inc. (NYSE:PK) from Buy to Neutral and cut the price target from $13 to $12. Park Hotels shares closed at $11.88 on Monday. See how other analysts view this stock.
- Morgan Stanley analyst James Faucette downgraded TaskUs, Inc. (NASDAQ:TASK) from Overweight to Equal-Weight and cut the price target from $21 to $16.5. TaskUs shares closed at $18.21 on Monday. See how other analysts view this stock.
- Mizuho analyst Anthony Crowdell downgraded Pinnacle West Capital Corporation (NYSE:PNW) from Outperform to Neutral and cut the price target from $102 to $90. Pinnacle West Capital shares closed at $87.84 on Monday. See how other analysts view this stock.
- UBS analyst Christopher Schoell downgraded AST SpaceMobile, Inc. (NASDAQ:ASTS) from Buy to Neutral and slashed the price target from $62 to $43. AST SpaceMobile shares closed at $40.77 on Monday. See how other analysts view this stock.
Considering buying LULU stock? Here’s what analysts think:

Read This Next:
- Jim Cramer Urges Caution On Intel Rally, Says IBM Offers More Than D-Wave
Photo via Shutterstock
