Analysts have adjusted their price targets for Lululemon Athletica Inc. (LULU) ahead of its earnings report, amid challenges like an activewear sector slowdown and weakened consumer sentiment in China. Despite these issues, Lululemon reported a 10% revenue increase and 6% rise in comparable sales for fiscal Q1. Citigroup’s Paul Lejuez downgraded the stock from buy to neutral, lowering the price target from $410 to $300 due to growth concerns. However, other analysts remain positive, noting Lululemon’s goal to double revenue to $12.5 billion by 2026, with significant international potential. The stock’s price drop makes it enticing for investors, given its solid fundamentals and growth potential.