Buy Lululemon (LULU) on Weakness - Cowen
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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
Lululemon (LULU) Promotion was Previously Contemplated - Oppenheimer
October 19, 2016 9:26 AM EDTOppenheimer analyst Anna Andreeva notes that over the past few days, mark downs at Lululemon Athletica Inc. (NASDAQ: LULU) clearance "we made too much" portion of ecomm increased substantially, creating additional fear on already controversial stock. However, according to the company, this was... More