A number of research firms have changed their ratings and price targets for lululemon athletica inc. (NASDAQ: LULU):

  • 10/16/2017 – lululemon athletica inc. was given a new $69.00 price target on by analysts at Needham & Company LLC. They now have a “buy” rating on the stock.
  • 10/16/2017 – lululemon athletica inc. was given a new $69.00 price target on by analysts at SunTrust Banks, Inc.. They now have a “buy” rating on the stock.
  • 10/16/2017 – lululemon athletica inc. was given a new $43.00 price target on by analysts at Canaccord Genuity. They now have a “sell” rating on the stock.
  • 10/10/2017 – lululemon athletica inc. had its “outperform” rating reaffirmed by analysts at Oppenheimer Holdings, Inc.. They now have a $68.00 price target on the stock.
  • 10/4/2017 – lululemon athletica inc. had its “buy” rating reaffirmed by analysts at Robert W. Baird. They now have a $72.00 price target on the stock.
  • 9/25/2017 – lululemon athletica inc. was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Lululemon has surpassed the industry in the past three months, mainly driven by its focus on strategy for 2020, as part of which it aims to generate revenues of $4 billion. To achieve this, the company is committed toward product innovation, building store fleet in North America, expanding digital business and global expansion. All these factors helped Lululemon to post robust numbers in second-quarter fiscal 2017, even amid a tough retail landscape. Both sales and earnings topped estimates and grew year over year. While the bottom line marked its 2nd consecutive beat, the top line recorded its 7th straight quarter of positive surprise. Also, sturdy e-Commerce growth fueled comps. Apart from this, the company is on track with ivivva’s remodeling. The solid results and favorable third quarter trends encouraged management to raise its fiscal 2017 view. However, stiff competition and volatile consumer spending patterns may pose concerns.”
  • 9/22/2017 – lululemon athletica inc. had its “sell” rating reaffirmed by analysts at Canaccord Genuity. They now have a $43.00 price target on the stock. They wrote, “We believe this analogy describes the unfolding trend shift from athletic apparel to denim. In the third installment of our LULU survey, we saw a decline in LULU customers’ purchase intent of yoga leggings. In fact, wave #3 of our survey showed the most significant deterioration of metrics to date, thus further supporting our SELL thesis and the risks that LULU faces from shifting fashion trends and increasing competition. The combination of declining purchase intent, increasing signals of denim gaining traction, peaking margins, and a more focused Athleta creates a risk/reward that skews heavily downward, in our opinion. We are also witnessing some shifts in brand preferences away from Nike and Under Armour, and in favor of Athleta.””
  • 9/19/2017 – lululemon athletica inc. was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Lululemon has surpassed the industry in the past three months, mainly driven by its focus on strategy for 2020, as part of which it aims to generate revenues of $4 billion. To achieve this, the company is committed toward product innovation, building store fleet in North America, expanding digital business and global expansion. All these factors helped Lululemon to post robust numbers in second-quarter fiscal 2017, even amid a tough retail landscape. Both sales and earnings topped estimates and grew year over year. While the bottom line marked its 2nd consecutive beat, the top line recorded its 7th straight quarter of positive surprise. Also, sturdy e-Commerce growth fueled comps. Apart from this, the company is on track with ivivva’s remodeling. The solid results and favorable third quarter trends encouraged management to raise its fiscal 2017 view. However, stiff competition and volatile consumer spending patterns may pose concerns.”
  • 9/18/2017 – lululemon athletica inc. was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $68.00 price target on the stock. According to Zacks, “Lululemon has surpassed the industry in the past three months, mainly driven by its focus on strategy for 2020, as part of which it aims to generate revenues of $4 billion. To achieve this, the company is committed toward product innovation, building store fleet in North America, expanding digital business and global expansion. All these factors helped Lululemon to post robust numbers in second-quarter fiscal 2017, even amid a tough retail landscape. Both sales and earnings topped estimates and grew year over year. While the bottom line marked its 2nd consecutive beat, the top line recorded its 7th straight quarter of positive surprise. Also, sturdy e-Commerce growth fueled comps. Apart from this, the company is on track with ivivva’s remodeling. The solid results and favorable third quarter trends encouraged management to raise its fiscal 2017 view. However, stiff competition and volatile consumer spending patterns may pose concerns.”
  • 9/13/2017 – lululemon athletica inc. was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Lululemon has surpassed the industry in the past three months, mainly driven by its focus on strategy for 2020, as part of which it aims to generate revenues of $4 billion. To achieve this, the company is committed toward product innovation, building store fleet in North America, expanding digital business and global expansion. All these factors helped Lululemon to post robust numbers in second-quarter fiscal 2017, even amid a tough retail landscape. Both sales and earnings topped estimates and grew year over year. While the bottom line marked its 2nd consecutive beat, the top line recorded its 7th straight quarter of positive surprise. Also, sturdy e-Commerce growth fueled comps. Apart from this, the company is on track with ivivva’s remodeling. The solid results and favorable third quarter trends encouraged management to raise its fiscal 2017 view. However, stiff competition and volatile consumer spending patterns may pose concerns.”
  • 9/13/2017 – lululemon athletica inc. had its “hold” rating reaffirmed by analysts at BMO Capital Markets. They now have a $55.00 price target on the stock.
  • 9/12/2017 – lululemon athletica inc. is now covered by analysts at Sanford C. Bernstein. They set a “market perform” rating and a $66.00 price target on the stock.
  • 9/7/2017 – lululemon athletica inc. was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Lululemon has surpassed the industry in the past three months, mainly driven by its focus on strategy for 2020, as part of which it aims to generate revenues of $4 billion. To achieve this, the company is committed toward product innovation, building store fleet in North America, expanding digital business and global expansion. All these factors helped Lululemon to post robust numbers in second-quarter fiscal 2017, even amid a tough retail landscape. Both sales and earnings topped estimates and grew year over year. While the bottom line marked its 2nd consecutive beat, the top line recorded its 7th straight quarter of positive surprise. Also, sturdy e-Commerce growth fueled comps. Apart from this, the company is on track with ivivva’s remodeling. The solid results and favorable third quarter trends encouraged management to raise its fiscal 2017 view. However, stiff competition and volatile consumer spending patterns may pose concerns.”
  • 9/6/2017 – lululemon athletica inc. was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $69.00 price target on the stock. According to Zacks, “Lululemon has surpassed the industry in the past three months, mainly driven by its focus on strategy for 2020, as part of which it aims to generate revenues of $4 billion. To achieve this, the company is committed toward product innovation, building store fleet in North America, expanding digital business and global expansion. All these factors helped Lululemon to post robust numbers in second-quarter fiscal 2017, even amid a tough retail landscape. Both sales and earnings topped estimates and grew year over year. While the bottom line marked its 2nd consecutive beat, the top line recorded its 7th straight quarter of positive surprise. Also, sturdy e-Commerce growth fueled comps. Apart from this, the company is on track with ivivva’s remodeling. The solid results and favorable third quarter trends encouraged management to raise its fiscal 2017 view. However, stiff competition and volatile consumer spending patterns may pose concerns.”
  • 9/5/2017 – lululemon athletica inc. was upgraded by analysts at UBS AG from a “neutral” rating to a “positive” rating.
  • 9/5/2017 – lululemon athletica inc. was upgraded by analysts at Susquehanna Bancshares Inc from a “neutral” rating to a “positive” rating. They now have a $64.00 price target on the stock.
  • 9/1/2017 – lululemon athletica inc. had its “hold” rating reaffirmed by analysts at FBR & Co. They now have a $55.00 price target on the stock. They wrote, “LULU reported adjusted 2Q EPS of $0.39, vs. FBR/consensus estimates of $0.34/ $0.35 and $0.33–$0.35 guidance. Results reflect +7% constant currency comps vs. FBR/consensus 4.0%/4.2% and adjusted EBIT margin de-leverage of -160 bps vs. FBR/consensus –250/-230 bps. Management provided 3Q17 adjusted EPS guidance of $0.50–$0.52 (vs. FBR/consensus of $0.53/$0.52) on SSS of +MSD (vs. FBR/ consensus +5.0%/+4.0%) and increased guidance for 2017 adjusted EPS to $2.35– $2.42 from $2.28–$2.38 (vs. FBR/consensus of $2.36/$2.33) and reiterated SSS of +LSD (vs. FBR/consensus of +3.6%/+3.1%). LULU has a strong brand and has done a good job innovating and offering newness. However, we remain on the sidelines given valuation and risks with a slowing athleisure market.””
  • 9/1/2017 – lululemon athletica inc. had its price target raised by analysts at Royal Bank Of Canada from $64.00 to $66.00. They now have an “outperform” rating on the stock.
  • 9/1/2017 – lululemon athletica inc. had its “hold” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $60.00 price target on the stock, up previously from $56.00.
  • 9/1/2017 – lululemon athletica inc. had its “market perform” rating reaffirmed by analysts at Wells Fargo & Company. They now have a $60.00 price target on the stock, up previously from $54.00.
  • 9/1/2017 – lululemon athletica inc. had its “outperform” rating reaffirmed by analysts at Cowen and Company. They now have a $68.00 price target on the stock, up previously from $67.00.
  • 9/1/2017 – lululemon athletica inc. had its “buy” rating reaffirmed by analysts at Instinet. They now have a $67.00 price target on the stock, up previously from $65.00.
  • 9/1/2017 – lululemon athletica inc. had its “hold” rating reaffirmed by analysts at UBS AG. They now have a $61.00 price target on the stock, up previously from $54.00.
  • 9/1/2017 – lululemon athletica inc. had its “buy” rating reaffirmed by analysts at Nomura. They now have a $67.00 price target on the stock, up previously from $65.00.
  • 9/1/2017 – lululemon athletica inc. had its “buy” rating reaffirmed by analysts at J P Morgan Chase & Co. They now have a $71.00 price target on the stock.
  • 9/1/2017 – lululemon athletica inc. had its “equal weight” rating reaffirmed by analysts at Morgan Stanley. They now have a $61.00 price target on the stock, up previously from $58.00.
  • 9/1/2017 – lululemon athletica inc. had its “neutral” rating reaffirmed by analysts at Buckingham Research. They now have a $55.00 price target on the stock.
  • 9/1/2017 – lululemon athletica inc. had its “hold” rating reaffirmed by analysts at Deutsche Bank AG. They now have a $59.00 price target on the stock.
  • 8/31/2017 – lululemon athletica inc. had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $67.00 price target on the stock.
  • 8/30/2017 – lululemon athletica inc. was upgraded by analysts at Vetr from a “buy” rating to a “strong-buy” rating. They now have a $66.00 price target on the stock.
  • 8/29/2017 – lululemon athletica inc. was given a new $41.00 price target on by analysts at Canaccord Genuity. They now have a “sell” rating on the stock.
  • 8/29/2017 – lululemon athletica inc. had its price target raised by analysts at Susquehanna Bancshares Inc from $60.00 to $64.00. They now have a “neutral” rating on the stock.
  • 8/29/2017 – lululemon athletica inc. was given a new $70.00 price target on by analysts at Robert W. Baird. They now have a “buy” rating on the stock.
  • 8/25/2017 – lululemon athletica inc. was given a new $56.00 price target on by analysts at Credit Suisse Group. They now have a “hold” rating on the stock.
  • 8/25/2017 – lululemon athletica inc. was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Lululemon’s shares have outperformed the industry in the last three months, mainly owing to solid first-quarter fiscal 2017 results. Further, the company is all set to utilize its capabilities built in fiscal 2015 over the next five years. In fact, by 2020, it aims to double its revenues to about $4 billion and more than double its earnings. Moreover, Lululemon’s eCommerce growth initiatives and ivivva remodeling bode well. We note that the company’s eCommerce comps improved in the low-double digits range at the start of the fiscal second-quarter, which led to solid comps guidance for the quarter. While its efforts to build upon eCommerce sales are paying off, in-store comps continue to be weak due to the soft traffic trends in the retail sector. Also, management tweaked revenue forecast for fiscal 2017, which indicates further trouble down the road. Estimates have been stable ahead of the second quarter earnings release.”
  • 8/25/2017 – lululemon athletica inc. had its “hold” rating reaffirmed by analysts at KeyCorp.
  • 8/24/2017 – lululemon athletica inc. had its “hold” rating reaffirmed by analysts at Stifel Nicolaus. They now have a $66.00 price target on the stock.
  • 8/21/2017 – lululemon athletica inc. was upgraded by analysts at Vetr from a “buy” rating to a “strong-buy” rating. They now have a $66.00 price target on the stock.
  • 8/21/2017 – lululemon athletica inc. was upgraded by analysts at Bank of America Corporation from an “underperform” rating to a “buy” rating. They now have a $70.00 price target on the stock, up previously from $48.00.
  • 8/21/2017 – lululemon athletica inc. was given a new $67.00 price target on by analysts at Cowen and Company. They now have a “buy” rating on the stock.

Shares of lululemon athletica inc. (NASDAQ LULU) traded up 1.25% during mid-day trading on Tuesday, hitting $58.93. The stock had a trading volume of 3,736,909 shares. The company has a 50 day moving average price of $60.57 and a 200 day moving average price of $56.49. lululemon athletica inc. has a 12-month low of $47.26 and a 12-month high of $72.70. The firm has a market cap of $7.98 billion, a P/E ratio of 28.44 and a beta of 0.20.

lululemon athletica inc. (NASDAQ:LULU) last issued its earnings results on Thursday, August 31st. The apparel retailer reported $0.39 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.35 by $0.04. The business had revenue of $581.10 million during the quarter, compared to analysts’ expectations of $567.40 million. lululemon athletica inc. had a return on equity of 22.51% and a net margin of 11.68%. lululemon athletica inc.’s revenue was up 12.9% compared to the same quarter last year. During the same quarter last year, the firm posted $0.38 earnings per share. Equities analysts forecast that lululemon athletica inc. will post $2.41 earnings per share for the current fiscal year.

lululemon athletica inc. is a designer, distributor and retailer of athletic apparel. The Company operates through two segments: Company-operated stores and Direct to consumer. It is also engaged in the sale from outlets, showrooms, sales from temporary locations, sales to wholesale accounts, warehouse sales, and license and supply arrangements.

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