BofA/Merrill Lynch Upgrades Lululemon Athletica Inc. (LULU) to Neutral
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December 8, 2016 10:46 AM EST
MKM Partners reiterated a Buy rating and $90.00 price target on Lululemon Athletica Inc. (NASDAQ: LULU) following the company's 3Q earnings report. LULU's 7% comp (vs. the Street's 5%) included a 4% store comp, which reflects a 2pt acceleration on a 3 year basis vs. 2Q, and a 16% gain in DTC.... More
December 8, 2016 9:06 AM EST
Oppenheimer analyst Anna Andreeva reiterated an Outperform rating and lifted her price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $75.00 (from $70.00) following solid results.
Andreeva commented, "LULU was un-loved coming into the print (down 22% off in-line quarter back in September, SPX up 3%,... More
December 7, 2016 4:07 PM EST
lululemon athletica (NASDAQ: LULU) reported Q3 EPS of $0.47, $0.04 better than the analyst estimate of $0.43. Revenue for the quarter came in at $544.4 million versus the consensus estimate of $540.23 million.
Total comps, including DTC ex. FX, rose 7 percent, versus a 5.4 percent gain expected.
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