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Oppenheimer Remains Bullish on Lululemon Athletica (LULU) Following Solid 1Q Report
June 9, 2016 9:34 AM EDTOppenheimer maintained an Outperform rating and $80.00 price target on Lululemon Athletica Inc. (NASDAQ: LULU) following the company's 1Q earnings report. LULU reported EPS of $0.33, ahead of the Street's estimate of $0.31. Gross margins beat guidance by 130 bps, with upside coming from product margins, less occupancy deleverage and... More
Wedbush Remains Bullish on Lululemon Athletica (LULU) Following 1Q Report
June 9, 2016 8:24 AM EDTWedbush maintained an Outperform rating and $80.00 price target on Lululemon Athletica Inc. (NASDAQ: LULU) following the company's 1Q earnings report. Sales topped expectations, with SSS hitting +8% versus consensus of +6%. 2Q SSS guidance of +MSD falls in line with consensus of +5.5%. FY16 EPS was... More
UBS Raises Price Target on Lululemon Athletica (LULU) to $72 Following 1Q
June 9, 2016 8:10 AM EDTUBS reiterated a Neutral rating on Lululemon Athletica Inc. (NASDAQ: LULU), and raised the price target to $72.00 (from $69.00), following the company's 1Q and conference call. LULU noted that momentum has continued in early 2Q, particularly in terms of GM recovery, which provides more... More
Cowen Raises Price Target on lululemon athletica (LULU) Following Strong 1Q Comps
June 8, 2016 5:45 PM EDTCowen reiterated an Outperform rating on Lululemon Athletica Inc. (NASDAQ: LULU), and raised the price target to $80.00 (from $76.00), following the company's 1Q earnings report. LULU's EPS was a 1c miss vs. the Street. However, the company's comp was reported at +8%, ahead of the Street expectations... More
Jefferies Reiterates Buy as VeriFone Systems (PAY) Cuts Guidance
June 8, 2016 8:21 AM EDTJefferies reiterated a Buy rating and $40.00 price target on VeriFone Systems (NYSE: PAY) following the company's 2Q earnings report. PAY lowered F16 revenue guidance to $2.1B, compared to the Street's $2.16B estimate. Non-GAAP EPS guidance was also cut to $1.85 vs. the Street's $2.23.
Analyst... More
Compass Point Downgrades VeriFone (PAY) to Neutral
June 8, 2016 7:45 AM EDTCompass Point downgraded VeriFone (NYSE: PAY) from Buy to Neutral with a price target of $23.00 (from $34.00).
For an analyst ratings summary and ratings history on VeriFone click here. For more ratings news on VeriFone click here.
Shares of VeriFone closed at $28.23 yesterday.
... MoreWedbush Cuts price Target on VeriFone Systems (PAY) Following Mixed 2Q Results
June 8, 2016 7:36 AM EDTWedbush maintained an Outperform rating on VeriFone Systems (NYSE: PAY), and cut the price target to $30.00 (from $36.00), following the company's 2Q earnings report. Revenue grew 10% organic constant currency to $532 million, coming in ahead of the consensus of $529m. However, non-GAAP EPS of $0.47 missed consensus of... More
