Lululemon (LULU) Surges 13% After Beating Q2 Estimates, Analysts Raise PTs to Reflect Broad-Based Strength
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Lululemon Athletica Inc. (LULU) PT Raised to $500 at Argus
September 10, 2021 8:51 AM EDTArgus analyst John Staszak raised the price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $500.00 (from $416.00) while maintaining a Buy rating. The analyst commented:
Lululemon has a strong brand and growing direct-to-consumer sales, which we expect to lead to higher margins... MoreLululemon Athletica Inc. (LULU) PT Raised to $481 at Piper Sandler
September 9, 2021 7:25 AM EDTPiper Sandler analyst Erinn Murphy raised the price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $481.00 (from $446.00) while maintaining an Overweight rating.
The analyst commented, "We remain buyers of LULU following Q2's stellar results with EPS of $1.65 coming in well... More
Lululemon Athletica Inc. (LULU) PT Raised to $500 at Stifel
September 9, 2021 6:33 AM EDTStifel analyst Jim Duffy raised the price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $500.00 (from $445.00) while maintaining a Buy rating.
The analyst commented, "2Q results and strong guidance emphatically demonstrate LULU brand momentum and post pandemic lock-down relevance. The FY2H guide... More
Lululemon Athletica Inc. (LULU) PT Raised to $520 at Cowen
September 9, 2021 6:17 AM EDTCowen analyst John Kernan raised the price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $520.00 (from $476.00) while maintaining an Outperform rating.
The analyst commented, "LULU's FY21 revenue outlook increased by +$285MM-$435MM to $6.19B-$6.260B vs. pre-release consensus of $5.942B, exceeding... More
UPDATE: Lululemon Athletica Inc. (LULU) Upside Derisks the Story, PT Raised to $419 at Morgan Stanley
September 9, 2021 2:18 AM EDT(Updated - September 9, 2021 7:48 AM EDT)
Morgan Stanley analyst Kimberly C. Greenberger raised the price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $419.00 (from $411.00) after the company delivered another beat & updated guidance to higher & more profitable growth vs. pre-Covid levels.
The... More
lululemon athletica (LULU) Tops Q2 EPS by 47c, Guidance Tops Consensus
September 8, 2021 4:07 PM EDTlululemon athletica (NASDAQ: LULU) reported Q2 EPS of $1.65, $0.47 better than the analyst estimate of $1.18. Revenue for the quarter came in at $1.5 billion versus the consensus estimate of $1.33 billion.
GUIDANCE:
lululemon athletica sees Q3 2021 EPS of $1.33-$1.38, versus the consensus of $1.32.... More
Lululemon Athletica's (LULU) Vietnam Lockdown Impact Analysis - Stifel
September 8, 2021 6:28 AM EDTStifel analyst Jim Duffy reiterated a Buy rating and $445.00 price target on Lululemon Athletica Inc. (NASDAQ: LULU) ahead of FY2Q earnings later today in a controversial quarter 31 of the company's 110 suppliers in Vietnam (as of May 2021). Of these, 18 are in South Vietnam suggesting 16%
of the global supplier base is potentially subject to government... More
