Lululemon Athletica (LULU) PT Raised to $75 at Oppenheimer

MKM Partners Reiterates Buy on lululemon athletica (LULU) Following 3Q

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

lululemon athletica (LULU): Raising Estimates, Cutting Valuation Range - Wells Fargo

December 8, 2016 8:05 AM EST

Wells Fargo analyst, Ike Bucherow, reiterated his Outperform rating on shares of Lululemon Athletica Inc. (NASDAQ: LULU) but cut his valuation range to $78-$80 (from $84-$86).

LULU following a very (unexpectedly) strong Q3 print, leading the analyst to say "While bears had become... More

lululemon athletica (LULU): Skeptics Are Quieter - Wedbush

December 8, 2016 7:39 AM EST

Wedbush analyst, Morry Brown, reiterated his Outperform on Lululemon Athletica Inc. (NASDAQ: LULU) and raised the price target to $81 after a 3Q print that should silence the skeptics.

Strong 3Q results and commentary suggest higher earnings power in 2017 and 2018, affirming his constructive... More

Lululemon Athletica (LULU) volatility elevated into topping Q3 estimates

December 8, 2016 7:38 AM EST

lululemon athletica (NASDAQ: LULU) December weekly call option implied volatility is at 153, December is at 80, January is at 54; compared to its 52-week range of 23 to 64 into better than expected Q3 results.

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Wall Street again marks new highs in post-election run

December 8, 2016 7:31 AM EST

By Lewis Krauskopf

(Reuters) - Major U.S. stock indexes climbed again on Thursday and set fresh record highs as a month-long rally following the presidential election of Donald Trump rolled on.

Investors have driven up equities since Trump's Nov. 8 election over optimism about domestic economic stimulus and reduced corporate taxes and regulations.

Supporting the upbeat sentiment on Thursday was a report that showed the number of Americans filing for unemployment benefits fell from a five-month high last week, pointing to labor market strength that underscored the economy's momentum.

"This is just a continued melt-up... More

lululemon athletica (LULU): Good Quarter But Can It Continue - Jefferies

December 8, 2016 7:20 AM EST

Jefferies analyst, Randall Konik, reiterated his Hold rating on shares of lululemon athletica (NASDAQ: LULU) but raised the price target to $64 noting that the quarter was good but there are risks ahead.

LULU posted a solid 3Q, with an EPS beat... More

Evercore ISI Upgrades Lululemon Athletica Inc. (LULU) to Buy

December 8, 2016 7:17 AM EST

Evercore ISI upgraded Lululemon Athletica Inc. (NASDAQ: LULU) from Sell to Buy with a price target of $80.00 (from $50.00).

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 $59.84 yesterday.

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BofA/Merrill Lynch Upgrades Lululemon Athletica Inc. (LULU) to Neutral

December 8, 2016 7:11 AM EST

BofA/Merrill Lynch upgraded Lululemon Athletica Inc. (NASDAQ: LULU) from Underperform to Neutral.

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 $59.84 yesterday.

... More

Lululemon (LULU) Q3 'Solid Beat Across the Board', PT to $82 - Susquehanna

December 8, 2016 6:46 AM EST

Susquehanna analyst Sam Poser reiterated a Positive rating and lifted his price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $82.00 (from $77.00) following solid Q3 results.

Poser commented, "LULU is once again proving that experiential retail works, and works well. LULU's model resonates... More

Mizuho Securities Upgrades Lululemon Athletica Inc. (LULU) to Buy; Sees Upside Continuing

December 8, 2016 6:24 AM EST

Mizuho Securities upgraded Lululemon Athletica Inc. (NASDAQ: LULU) from Neutral to Buy with a price target of $78.00, noting comp upside, margin inflection and store growth.

Analyst Betty Chen commented, "We are upgrading LULU to Buy and raising our estimates and PT to $78 following strong topline growth and margin inflection, which we believe could... More

lululemon athletica (LULU) Tops Q3 EPS by 4c; Adj.-Comps Outpaced Views

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.

GUIDANCE:

lululemon... More