lululemon investors should buy dips, says RW Baird Baird is growing more cautious on lululemon ahead of Q3 results but believes long-term patient investors will be rewarded. The firm noted decelerating trends since management's last guidance call but sees easier comps ahead and the brand's growth runway remaining intact. Shares are Outperform rated with a $87 price target.
News For LULU From The Last 14 Days
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lululemon reiterated as a Buy ahead of Analyst Day at Topeka Topeka expects lululemon's April 17 Analyst Day to be a "very positive" event and reiterates its Buy rating and $70 price target ahead of the event. The analyst said the new CEO is on a marketing offensive as the store base expands worldwide and new heads of merchandising and sourcing are working to maintain a high quality, innovative product.