Piper Sandler Cautious About Lululemon (LULU) CEO Search [Yahoo! Finance]
Piper Sandler Companies (PIPR)
Last piper sandler companies earnings: 5/1 08:04 am
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Source: Yahoo! Finance
On February 13, Piper Sandler reiterated its Neutral rating and $190.00 price target on Lululemon Athletica Inc. (NASDAQ:LULU), noting significant uncertainty surrounding the company's CEO search, with potential candidates including Jane Nielsen and Fran Horowitz. The analyst firm also adjusted its fourth-quarter 2025 and fiscal 2026 estimates upward for Lululemon Athletica Inc. (NASDAQ:LULU), though its first-quarter 2026 projections remain below consensus, with the firm expressing concerns about the company's product direction after reviewing the recently launched EasyFive denim collection. In its research note, Piper Sandler indicated that a margin reset is likely ahead for the athletic apparel retailer, though it observed the stock is “inexpensive” at current specialty retail valuations of 13-14x earnings. The firm suggested the stock could experience “an outsized move” similar to Nike and Starbucks following their CEO announcements, while cautioning that “improving the produc
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PIPR
Earnings
- 2/6/26 - Beat
PIPR
Sec Filings
- 3/2/26 - Form 4
- 3/2/26 - Form 4
- 3/2/26 - Form 4
- PIPR's page on the SEC website