Close

Lululemon (LULU) Promotion was Previously Contemplated - Oppenheimer

Go back to Lululemon (LULU) Promotion was Previously Contemplated - Oppenheimer

Jefferies Cuts Numbers on Lululemon (LULU) Amid Still Elevated Promotions

October 21, 2016 6:53 AM EDT

Jefferies 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 EDT

Cowen 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