Options expected to have Increasing volume
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March 30, 2017 10:53 AM EDT
Canaccord Genuity lowered its price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $41.00 (from $45.00) while maintaining a Sell rating. 4Q EPS of $1.00 missed the consensus estimate of $1.01. Comps of 7% exceeded estimates and gross margin of 54.2% came in ahead of 54% estimates.
Q1 and 2017... More
March 30, 2017 10:09 AM EDT
MKM Partners lowered its price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $75.00 (from $90.00) while maintaining a Buy rating following the company's 4Q. Higher than expected sales and gross margin were offset by higher SG&A. However, the 1Q/FY comp and earnings outlook was... More
March 30, 2017 10:01 AM EDT
Oppenheimer lowered its price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $65.00 (from $75.00) while maintaining a Outperform rating. LULU reported a 4Q beat driven by strength in product margin. However, the consumer wants more fashion/newness as LULU shares trade down 18%, with earnings moving down... More
March 28, 2017 10:52 AM EDT
Wedbush reiterated an Outperform rating and $81.00 price target on Lululemon Athletica Inc. (NASDAQ: LULU) ahead of the company's 4Q earnings report.
Analyst Morry Brown commented, "We see less drama into LULUs 4Q16 earnings release versus recent quarters, as most topics are likely to be... More
