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Lululemon (NASDAQ:LULU) was downgraded by equities researchers at TheStreet from a “buy” rating to a “hold” rating in a research report issued on Tuesday, Stock Ratings Network reports.

The analysts wrote, “Lululemon Athletica (LULU) has been downgraded by TheStreet Ratings from buy to hold. The company’s strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and weak operating cash flow.”

A number of other firms have also recently commented on LULU. Analysts at Jefferies Group cut their price target on shares of Lululemon from $50.00 to $45.00 in a research note to investors on Friday. They now have a “hold” rating on the stock. Separately, analysts at Janney Montgomery Scott downgraded shares of Lululemon from a “buy” rating to a “neutral” rating in a research note to investors on Monday, January 27th. They now have a $49.00 price target on the stock, down previously from $61.00. Finally, analysts at RBC Capital cut their price target on shares of Lululemon from $68.00 to $56.00 in a research note to investors on Thursday, January 23rd. They now have a “sector perform” rating on the stock. Four equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and ten have assigned a buy rating to the company. Lululemon has a consensus rating of “Hold” and a consensus target price of $64.60.

Shares of Lululemon (NASDAQ:LULU) traded up 0.76% on Tuesday, hitting $45.12. 2,504,875 shares of the company’s stock traded hands. Lululemon has a one year low of $44.46 and a one year high of $82.50. The stock has a 50-day moving average of $53.56 and a 200-day moving average of $66.6. The company has a market cap of $6.552 billion and a price-to-earnings ratio of 23.57.

Lululemon (NASDAQ:LULU) last posted its quarterly earnings results on Thursday, December 12th. The company reported $0.45 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.41 by $0.04. The company had revenue of $379.90 million for the quarter, compared to the consensus estimate of $376.20 million. During the same quarter in the prior year, the company posted $0.39 earnings per share. The company’s quarterly revenue was up 20.0% on a year-over-year basis. On average, analysts predict that Lululemon will post $1.89 earnings per share for the current fiscal year.

lululemon athletica inc. is a designer and retailer of technical athletic apparel operating primarily in North America and Australia.

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