Janney Capital Remains Neutral Ahead of lululemon athletica (LULU) Q1 Report
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Oppenheimer Raises Price target on lululemon athletica (LULU);Sees Port-Related Pressure as 'Transitory'
June 10, 2015 8:39 AM EDTOppenheimer reiterates an Outperform rating on Lululemon Athletica Inc. (NASDAQ: LULU), and raised the price target to $75.00 (from $70.00), saying LULU is manageing overhang Smartly. Analyst Anna Andreeva views port-related pressure as transitory with demand inflecting.
Andreeva commented, "With most retailers missing sales/gross... More
Janney Capital Raises Price Target on lululemon athletica (LULU) Following Q1 Results
June 9, 2015 2:07 PM EDTJanney Capital maintains a Neutral rating on Lululemon Athletica Inc. (NASDAQ: LULU), and raised the price target to $69.00 (from $68.00), following Q1. LULU reported EPS of $0.34 compared to Street's $0.33 estimate. Analyst Adrienne Yih says that LULU was affected by weather, FX and port delays.
Yih commented, "LULU reported 1Q15 EPS of $0.34 vs St $0.33, with comp +6% (constant dollar), vs Factset cons. +2.2%. As expected, 1Q15 was impacted by weather, FX & port delays, the last... More
Canaccord Genuity Maintains Hold Rating Ahead of lululemon athletica (LULU) Q1 Results
June 8, 2015 9:48 AM EDTCanaccord Genuity maintains a Hold rating aand $55.00 price target in Lululemon Athletica Inc. (NASDAQ: LULU) leading up to the release of its Q1 earnings report. Analyst Camilo Lyon continues to see downside risks, and would not chase the stock, despite expected in-line quarter.
Lyon commented, We continue to see downside risks to LULU and would not be chasing the stock into its Q1 earnings report on June 9, despite... More
