lululemon upgraded to Outperform from Neutral at Credit Suisse Credit Suisse upgraded lululemon following strong Q2 results and expects revenue growth to normalize as inventory flow issues moderate. Price target remains $78.
News For LULU From The Last 14 Days
Check below for free stories on LULU the last two weeks.
Lululemon says lawsuit wrongly accuses intent to sell sheer pants, Reuters says LuluLemon felt a securities fraud lawsuit claiming that the company meant to sell hundreds of thousands of nearly sheer yoga pants should get thrown out, according to Reuters, citing a court filing. The company said it did not hope the defect "would remain undiscovered" if customers wore the pants as intended. Reference Link