Lululemon Athletica Inc. (LULU) PT Lowered to $56 at Credit Suisse; Results Show Difficulty Driving Comps

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

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

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

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

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

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

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

March 30, 2017 6:54 AM EDT

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

March 30, 2017 6:40 AM EDT

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

Wells Fargo Downgrades Lululemon Athletica Inc. (LULU) to Market Perform

March 30, 2017 6:17 AM EDT

Wells Fargo downgraded Lululemon Athletica Inc. (NASDAQ: LULU) from Outperform to Market Perform and lowers its valuation range to $49-$50 (from $78-$80) following weak guidance.

Analyst Ike Boruchow said Q4 results brought to light several issues that will likely create an overhang for the stock:

top-line trends have decelerated significantly QTD (to... More

Lululemon Athletica Inc. (LULU) PT Lowered to $64 at Mizuho Securities on Poor 1Q/FY17 Guidance; 'Investors Should Capitalize on Pullback'

March 30, 2017 5:49 AM EDT

Mizuho Securities analyst Betty Chen lowered its price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $64.00 (from $78.00) while maintaining a Buy rating, suggesting investors should capitalize the company after-hours share collapse post earnings release, falling near 18% on poor guidance.

Fourth quarter results were... More

Lululemon Athletica Inc. (LULU) PT Lowered to $60 at Stifel

March 30, 2017 5:34 AM EDT

Stifel lowered its price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $60.00 (from $67.00) while maintaining a Hold rating amid solid Q4 results but weak guidance. A lack of spring color and shortcomings in online merchandising were to blame.

Analyst Jim Duffy... More