Monday’s analyst upgrades and downgrades [Toronto Globe and Mail (Ontario, Canada)]
lululemon athletica inc. (LULU)
Last lululemon athletica inc. earnings: 3/26 04:05 pm
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Source: Toronto Globe and Mail
Inside the Market’s roundup of some of today’s key analyst actions Lululemon Athletica Inc. ’s ( LULU-Q ) “industry-leading momentum” is likely sustainable through the second half of the year and into 2019, according to Wells Fargo analyst Ike Boruchow. Undeterred by a 96-per-cent jump in its share price year-to-date, Mr. Boruchow upgraded his rating for the Vancouver-based company to “outperform” from “market perform,” seeing “meaningful beats/upward revisions ahead in the wake of corrections to its supply chain and digital channels, which he saw as two operational overhangs. Story continues below advertisement Emphasizing a favourable macro environment and expecting continued strength in its “core” segments, the analyst raised his target for its stock to US$200, matching the current high on the Street, from US$144. The average target is currently US$152.21, according to Bloomberg data. ===== Despite calling it one of his “favo
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LULU
News
- Lululemon Athletica Inc. (NASDAQ: LULU) had its price target lowered by analysts at Sanford C. Bernstein from $430.00 to $384.00. They now have a "market perform" rating on the stock.MarketBeat
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LULU
Earnings
- 3/21/24 - Beat
LULU
Sec Filings
- 4/25/24 - Form DEFA14A
- 4/25/24 - Form DEF
- 4/3/24 - Form 4
- LULU's page on the SEC website