Lululemon (LULU) PT Cut to $50 at Mizuho

Lululemon (LULU) PT Cut to $45 at Canaccord Geunity, Sees Red Flags

Canaccord Genuity maintained a Hold rating on Lululemon Athletica Inc. (NASDAQ: LULU), and cut the price target to $45.00 (from $52.00), following the company's 3Q earnings report. LULU's adjusted EPS of 35c missed consensus 37c estimate mainly due to elevated expense growth partly offset by lower tax rate. Traffic declined in the last few weeks of October and continued that trend until Thanksgiving. To Canaccord, this indicates that the consumer is responding when LULU ramps up promotions. Canaccord remains cautious on the stock... More

Lululemon (LULU) PT Trimmed to $40 at FBR Capital as Gross Margin Recovery Pushed Out

FBR Capital maintained an Underperform rating on Lululemon Athletica Inc. (NASDAQ: LULU), and cut the price target to $40.00 (from $42.00), following the company's 3Q earnings report. LULU reported adjusted EPS of $0.35, vs. consensus estimates of $0.37 and guidance of $0.35$0.37. The bigger issue was the 4Q guide down and continuation of higher inventory into 4Q15/1Q16. Management guided 4Q EPS to $0.75 to $0.78.

Analyst Susan Anderson commented,... More

Bernstein Downgrades Lululemon Athletica Inc. (LULU) to Market Perform

Bernstein downgraded Lululemon Athletica Inc. (NASDAQ: LULU) from Outperform to Market Perform with a price target of $50.00 (from $62.00).

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 $45.32 yesterday.

Cowen Lowers Price Target on lululemon (LULU) to $52 on Weak Print, But Still Reasons to Remain Bullish

Cowen maintained an Outperform rating on Lululemon Athletica Inc. (NASDAQ: LULU), and cut the price target to $52.00 (from $62.00), following the company's 3Q earnings report. Focus remains on GM, which suffered on airfreight & markdowns. lululemon's women's business remains strong, with an acceleration in pant & bra... More

lululemon athletica (LULU) Gaining Traction in Men's, but Inventory, Supply Chain Will Add Quarters of Pressure - FBR

FBR & Co. affirmed its Underperform rating and $42 price target on lululemon athletica (NASDAQ: LULU) following the company's quarterly report issued earlier.

Analyst Susan Anderson commented, We think LULU is gaining traction in men's and its brand continues to resonate well with women; however,... More

lululemon athletica (LULU) Tops Q3 EPS by 1c; Trims FY15 Outlook

lululemon athletica (NASDAQ: LULU) reported Q3 EPS of $0.38, $0.01 better than the analyst estimate of $0.37. Revenue for the quarter came in at $479.7 million versus the consensus estimate of $481.78 million.

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