Lululemon (LULU) Promotion was Previously Contemplated - Oppenheimer
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Jefferies Cuts Numbers on Lululemon (LULU) Amid Still Elevated Promotions
October 21, 2016 6:53 AM EDTJefferies analyst Randal Konik cut estimates and his price target on Hold-rated Lululemon Athletica Inc. (NASDAQ: LULU) to $61.00 (from $76.00) as data shows still elevated promotions, which threatens gross margins.
Konik commented, "The SKU count in the "We Made Too Much" section has... More
Buy Lululemon (LULU) on Weakness - Cowen
October 20, 2016 10:58 AM EDTCowen analyst Oliver Chen said they would be buyers of Lululemon Athletica Inc. (NASDAQ: LULU) on the recent weakness. The firm maintained an Outperform rating and price target of $80
Chen notes shares are down 28% from its YTD peak given comp and margin fears... More