Lululemon shares tumble on miss, weak first-quarter outlook

Lululemon Athletica Inc. (LULU) PT Lowered to $41 at Canaccord Genuity Following 4Q

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

Lululemon Athletica Inc. (LULU) PT Lowered to $75 at MKM Partners Following 4Q

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

Lululemon Athletica Inc. (LULU) PT Lowered to $65 at Oppenheimer Following 4Q

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

Lululemon Athletica Inc. (LULU) PT Lowered to $65 at Instinet; Keeps Buy on LT Brand Opportunity

Instinet lowered its price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $65.00 (from $72.00) while maintaining a Buy rating.

Analyst Simeon Siegel notes the 1Qs comp guidance was first negative comp guidance since 2Q14. He said with the FY comp looking for... More

Lululemon Athletica Inc. (LULU) PT Lowered to $59 at FBR Capital Amid Weak SSS

FBR Capital lowered its price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $59.00 (from $97.00) while maintaining a Market Perform rating.

Analyst Susan Anderson highlighted that 1Q SSS got off to a tough start as ecommerce conversions slowed at the end of January... More