Lululemon (LULU) call put ratio 1.8 calls to 1 put on elevated volatility into Q1 and outlook

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Lululemon Athletica Inc. (LULU) PT Raised to $49 at BofA/Merrill Lynch Following 1Q Beat

June 2, 2017 9:44 AM EDT

BofA/Merrill Lynch raised its price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $49.00 (from $46.00) while maintaining a Underperform rating. LULU reported adjusted 1Q17 EPS of $0.32, ahead of forecasts of $0.27. LULU will be restructuring ivivva including closing 40 out of 55 stores and converting another... More