Lululemon names Calvin McDonald as new CEO

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MKM Partners Reiterates Buy on lululemon athletica (LULU) Following CEO Appointment

July 25, 2018 9:22 AM EDT

MKM Partners reiterated a Buy rating and $128.00 price target on Lululemon Athletica Inc. (NASDAQ: LULU) following the company's appointment of Calvin McDonald as CEO and a member of the Board, effective 8/20/18. Chairman Glenn Murphy will return to his position as non-executive Chairman, and... More