UBS Cuts Price Target on lululemon athletica (LULU) Following 2Q15

Go back to UBS Cuts Price Target on lululemon athletica (LULU) Following 2Q15

Pre-Open Stock Movers 09/11: (LTRE) (PGI) (ZSPH) Higher; (CHKE) (MRVL) (ZUMZ) Lower (more...)

September 11, 2015 9:35 AM EDT

Learning Tree International (NASDAQ: LTRE) 70% HIGHER; Mill Road offers to buy company for $1.80/share.

Cherokee (NASDAQ: CHKE) 34.4% LOWER; reported Q2 EPS of $0.22, $0.02 worse than the analyst estimate of $0.24. Revenue for the quarter came in at $8.5 million versus the consensus estimate of $8.62 million. Cherokee Global Brands also announced that Target Corporation has elected not to renew the license of the Cherokee brand in the US, which will expire at the end of its... More

Canaccord Genuity Cuts Price Target on lululemon athletica (LULU) to $54 Following 2Q15

September 11, 2015 9:08 AM EDT

Canaccord Genuity maintained a Hold rating on Lululemon Athletica Inc. (NASDAQ: LULU), and cut the price target to $54.00 (from $60.00), following the company's 2Q15 earnings report and conference call. Analyst Camilo Lyon said that LULU's Q2 report and conference call raised more questions than it answered.

Lyon commented, "LULU's Q2... More

Sterne Agee CRT Cuts Price Target on Lululemon Athletica (LULU) Headed into 3Q

September 11, 2015 7:43 AM EDT

Sterne Agee CRT Buy Lululemon Athletica Inc. (NASDAQ: LULU) price target of $68.00 (from $77.00) into the company's 3Q. Results from the 3Q so far have been robust, with SSS of +11%, Which suggests that the brand is hot.

Analyst Sam Poser commented, "SSS of +11%... More

Baird Upgrades Lululemon Athletica Inc. (LULU) to Outperform

September 11, 2015 7:04 AM EDT

Baird upgraded Lululemon Athletica Inc. (NASDAQ: LULU) from Neutral to Outperform with a price target of $69.00.

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 $53.54 yesterday.

... More

After Hours Stocks Movers 09/10: (ACET) (ZSPH) (RH) HIGHER; (ZUMZ) (FNSR) (RUN) LOWER (more...)

September 10, 2015 6:06 PM EDT

Zumiez, Inc. (NASDAQ: ZUMZ) 18.6% LOWER; reported Q2 EPS of $0.11, $0.01 worse than the analyst estimate of $0.12. Revenue for the quarter came in at $179.8 million versus the consensus estimate of $180 million. The Company's comparable sales decreased 10.7% for the four-week period ended August 29, 2015 compared to a comparable sales increase of 2.0% for the four-week period ended August 30, 2014. Zumiez, Inc. sees Q3 2015 EPS of $0.27-$0.31, versus the consensus of $0.53. Zumiez, Inc. sees Q3 2015 revenue of $202-206 million, versus the consensus of $224.70 million. This guidance is based on an anticipated comparable sales decrease in the 7%... More

Market Wrap: Markets Gain as Volatility Subsides; GE Moves to Sell More Assets; Initial Claims Flat W/W

September 10, 2015 5:24 PM EDT

Market wrap for September 10th

End of the Day: S&P 500 up 10.3 to 1,952.29; Dow Jones up 16,330.40 to 76.8; Nasdaq up 39.7 to 4,796.26

Market Brief: U.S. markets posted firm gains Thursday as volatility in the market continued to ebb.

Initial claims came in flat last week.

GE moved to sell additional assets.

lululemon athletica moved lower as its FY15 EPS outlook still trailed estimates.

Google launched its Android Pay... More

lululemon athletica (LULU) Added to Focus List at JPMorgan

September 10, 2015 4:08 PM EDT

lululemon athletica (NASDAQ: LULU) Added to Focus List at JPMorgan

... More

Cowen Cuts Price Target on Lululemon Athletica (LULU) as Stock Reacts Negatively Following 2Q

September 10, 2015 4:07 PM EDT

Cowen reiterated an Outperform rating on Lululemon Athletica Inc. (NASDAQ: LULU), and cut the price target to $62.00 (from $74.00), as stock negatively reacts to a combination of lower GM and elevated inventory. Management was adamant that the pressure was not structural in nature, and reiterated their focus on creating a solid foundation to support their long-term growth initiatives. Analyst Oliver Chen would wait for... More

Mizuho Securities Cuts Price Target on lululemon athletica (LULU) to $58 following 2Q16

September 10, 2015 1:49 PM EDT

Mizuho Securities maintained a Neutral rating on Lululemon Athletica Inc. (NASDAQ: LULU), and cut the price target to $58.00 (from $63.00), following the company's 2Q16 earnings report and soft 3Q guidance. 2Q EPS of $0.34 was above consensus estimate of $0.33. Management's outlook for 3Q EPS is... More

Wolfe Research Cuts Price Target on lululemon athletica (LULU) Following 2Q15

September 10, 2015 1:36 PM EDT

Wolfe Research maintained a Peerperform rating on Lululemon Athletica Inc. (NASDAQ: LULU), and cut the price target to $54.00 (from $65.00), following the company's 2Q15 earnings results. LULU reported EPS of $0.34, beating the Consensus estimate of $0.33. Management also identified opportunities to integrate twothirds of the... More

Unusual 11 Mid-Day Movers 9/10: (ENVI) (CNW) (SGMO) Higher; (DRYS) (AMID) (SIGM) Lower

September 10, 2015 12:58 PM EDT

Envivio, Inc. (Nasdaq: ENVI) 114.0% HIGHER; announced that it has entered into a definitive agreement to be acquired by Ericsson (Nasdaq: ERIC), a provider of communications technology and services.

DryShips (Nasdaq: DRYS) 35.4% LOWER; announced that it has entered into firm sales agreements with entities controlled by the Company's Chairman and Chief Executive Officer, George Economou, to sell 17 vessels.

Con-way Inc. (NYSE: CNW) 33.7% HIGHER; XPO... More

Evercore ISI Downgrades Lululemon Athletica Inc. (LULU) to Sell

September 10, 2015 12:45 PM EDT

Evercore ISI downgraded Lululemon Athletica Inc. (NASDAQ: LULU) from Hold to Sell with a price target of $48.00.

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 $64.05 yesterday.

... More

Pre-Open Stock Movers 09/10: (ENVI) (CNW) (CYTX) Higher; (KKD) (USAC) (MBLY) Lower (more...)

September 10, 2015 9:22 AM EDT

Envivio, Inc. (Nasdaq: ENVI) 114% HIGHER; announced that it has entered into a definitive agreement to be acquired by Ericsson (Nasdaq:... More

Deutsche Bank Gives 'First Take' on Lululemon's (LULU) Q2

September 10, 2015 8:57 AM EDT

Deutsche Bank commented on Lululemon Athletica Inc. (NASDAQ: LULU) after the company reported Q2 results an updated guidance. Analyst Dave Weiner called combined comps "impressive" and pointed out items of interest for today's 9 am call.

"lulu put up impressive total combined comps (cc) of +11%, coming in at/above the high-end of market expectations. Importantly, this included a store... More

lululemon athletica (LULU) Tops Q2 EPS by 1c; Nudges FY15 EPS Outlook Higher

September 10, 2015 6:23 AM EDT

lululemon athletica (NASDAQ: LULU) reported Q2 EPS of $0.34, $0.01 better than the analyst estimate of $0.33. Revenue for the quarter came in at $453 million versus the consensus estimate of $445.83 million.

Total comparable sales, which includes comparable store sales and direct to consumer, increased by... More

Trading Radar for 9/10: lululemon athletica (LULU), Restoration Hardware (RH), Finisar (FNSR), ACETO (ACET) Report

September 9, 2015 3:37 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
8:30am EDT

Initial Claims - Street sees 275kContinuing Claims - Street sees 2.257MExport Prices ex-ag. - no Street consensusImport Prices ex-oil - no Street... More

lululemon athletica (LULU) Shares Weaken; Reports Q2 Results Tomorrow

September 9, 2015 3:30 PM EDT

lululemon athletica (NASDAQ: LULU) shares traded lower late on Wednesday. The company reports Q2 results tomorrow morning.

... More