lululemon athletica, inc. (LULU) Tops Q1 EPS by 2c; CEO Day to Step Down

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Go back to lululemon athletica, inc. (LULU) Tops Q1 EPS by 2c; CEO Day to Step Down

Lululemon (LULU) Expected to Rebound - Canaccord

June 12, 2013 8:54 AM EDT

Canaccord 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 EDT

Goldman 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 EDT

Sterne 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