lululemon price target lowered to $52-$54 from $66-$68 at Wells Fargo Wells Fargo reduced its price target on lululemon after the company lowered its Q4 EPS guidance by roughly 10% and reduced its sales comps outlook,. The firm believes that the company is still in the midst of fixing its execution issues, and it keeps a Market Perform rating on the stock.
News For LULU From The Last 14 Days
Check below for free stories on LULU the last two weeks.
On The Fly: Analyst Initiation Summary Today's noteworthy initiations include: Enphase Energy (ENPH) initiated with an Outperform at Imperial Capital... Fission Uranium (FCUUF) initiated with a Buy at H.C. Wainwright... Fox Factory (FOXF) initiated with a Buy at BofA/Merrill... Michael Kors (KORS) initiated with a Buy at BofA/Merrill... Xunlei (XNET) initiated with an Overweight at JPMorgan... lululemon (LULU) initiated with a Positive at Susquehanna.