lululemon athletica (LULU) option implied volatility increases into quarter results and outlook

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Lululemon Athletica Inc. (LULU) PT Raised to $330 at Baird Following 1Q Report

June 12, 2020 8:58 AM EDT

Baird analyst Mark Altschwager raised the price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $330.00 (from $300.00) while maintaining a Outperform rating following the company's 1Q earnings report. EPS was near consensus ($0.22 vs. $0.23), boosted by lower taxes. Big picture, revenue (-17%) and EBIT (-75% Y/Y;... More