UBS Maintains a 'Buy' on Lululemon Athletica (LULU); Q2 Upside Likely Limited

September 4, 2012 11:07 AM EDT Send to a Friend
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Price: $65.42 --0%

Rating Summary:
    10 Buy, 12 Hold, 6 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 12 | Down: 19 | New: 21
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UBS maintains a 'Buy' on Lululemon Athletica Inc. (NASDAQ: LULU) price target of $80.00.

Analyst, Roxanne Meyer, commented ahead of the company's Q2 earnings report, which is scheduled before the open on Sept 7th. The current consensus estimate is $0.31 and $282.26 million. Meyer thinks that upside to Q2 is likely to be limited, but she feels that LULU is the best long-term growth story (in retail).

For an analyst ratings summary and ratings history on Lululemon Athletica Inc. click here. For more ratings news on Lululemon Athletica Inc. click here.

Shares of Lululemon Athletica Inc. closed at $65.19 yesterday, with a 52 week range of $41.70-$81.09.


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