Why Lululemon Stock Popped Today [Yahoo! Finance]
lululemon athletica inc. (LULU)
Last lululemon athletica inc. earnings: 3/26 04:05 pm
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Source: Yahoo! Finance
Investment bank Jefferies is modestly optimistic about the stock. 10 stocks we like better than Lululemon Athletica Inc. › Lululemon Athletica (NASDAQ: LULU) stock jumped 6.4% through 10:20 a.m. ET Thursday. You can thank Jefferies in part, as the investment banker raised its price target on Lulu to $200 this morning. But that's only part of the story. Lulu is coming off a promising earnings report last week, in which the athleisure retailer reported strong growth in international sales and earnings well ahead of analysts' targets . What really gets Jefferies excited about the stock, though, is news that activist investor Elliott Management bought a $1 billion stake in Lulu stock. Elliott is pushing Lulu's board to return to its roots and adopt changes urged by its founder, Chip Wilson, to make the lululemon brand "cool" again. Jefferies notes this will take years to accomplish. While the banker is optimistic enough about the effort to raise its price target on Lulu stock,
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LULU
Earnings
- 12/11/25 - Beat
LULU
Sec Filings
- 12/18/25 - Form 4
- 12/18/25 - Form 4
- 12/17/25 - Form 4
- LULU's page on the SEC website