lululemon athletica, inc. (LULU) Tops Q1 EPS by 2c; CEO Day to Step Down
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Lululemon (LULU) Expected to Rebound - Canaccord
June 12, 2013 8:54 AM EDTCanaccord Genuity today maintained a Buy rating on Lululemon Athletica Inc. (NASDAQ: LULU) with a price target of $87.00. Shares declined yesterday after CEO Christine Day announced her eventual departure. In the view of analyst Camilo Lyon, Lululemon's culture and success are bigger than one... More
Lululemon (LULU) at Risk of Re-Rate Toward 20-25X P/E - Goldman
June 11, 2013 9:45 AM EDTGoldman Sachs today maintained a Neutral rating on Lululemon Athletica Inc. (NASDAQ: LULU) and lowered its price target of $60.00 (from $72.00). Yesterday the company reported Q1 results and announced its CEO plans to depart. Analyst Lindsay Drucker Mann noted "signs of natural aging" and called the... More
Sterne Agee Downgrades Lululemon Athletica (LULU) to Neutral; CEO Departure Trumps EPS Beat
June 11, 2013 7:11 AM EDTSterne Agee downgraded Lululemon Athletica Inc. (NASDAQ: LULU) from Buy to Neutral with a price target of $75 (from $90), noting the solid quarter was offset by the CEO resignation and a cloudy future.
"The pending resignation of the CEO trumps the beat and the better than expected guidance," analyst Sam Poser states. "Voids in... More
UPDATE: CEO Departure 'Tipping Point'; UBS Downgrades Lululemon (LULU) to Neutral
June 11, 2013 6:54 AM EDT(Updated - June 11, 2013 8:34 AM EDT)
UBS downgraded Lululemon Athletica Inc. (NASDAQ: LULU) from Buy to Neutral and lowered its price target to $72 (from $90). Yesterday it was learned that CEO Christine Day will be stepping down. Analyst Roxanne Meyer called this the... More
