Telsey Advisory analyst Dana Telsey lowered the agency’s worth goal on Lulu’s Trend Lounge (LVLU) to $1 from $2 and retains a Market Carry out ranking on the shares. The corporate delivered an EBITDA beat for This autumn, pushed by better-than-expected gross margin efficiency and tighter expense management, the analyst tells traders. Whereas the agency is inspired by the corporate’s FY25 outlook for its adjusted EBITDA, the challenged topline hinders a extra sturdy turnaround, the agency provides.
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