Lululemon's product chief to leave in organizational shuffle
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UBS Cuts Price Target After lululemon athletica (LULU) Eliminates CPO Role
October 22, 2015 12:02 PM EDTUBS maintained a Neutral rating on Lululemon Athletica Inc. (NASDAQ: LULU), and cut the price target to $55.00 (from $59.00), following the elimination of the role of Chief Product Officer. Analyst Michael Binetti believes that this change adds questions to a story that has had a high-level of... More
