lululemon price target lowered to $75 from $83 at Stifel Stifel reduced its target on lululemon after the company recalled black Luon pants and crops due to a quality issue. Noting that this is the company's second major quality issue in a year, the firm is "highly concerned" by this development but maintains a Buy rating on the stock.
News For LULU From The Last 14 Days
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lululemon can be 'darling' again, TheStreet.com's Link reports According to TheStreet.com's Stephanie Link, Lululemon has the potential to be a Wall Street "darling" once again as the many problems the company had last year are likely to be fixed with new management. Reference Link