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 Downgrade Summary Brown Forman (BFA, BFB, BF.A, BF.B) downgraded to Hold from Buy at Deutsche Bank... GT Advanced (GTAT) downgraded to Underperform from Market Perform at Raymond James... Genuine Parts (GPC) downgraded to Neutral from Buy at SunTrust... InterMune (ITMN) downgraded to Neutral from Buy at UBS... Tesco (TSCDY) downgraded to Hold from Buy at Deutsche Bank... Visa (V) downgraded to Market Perform from Outperform at Raymond James... Williams-Sonoma (WSM) downgraded to Equal Weight from Overweight at Morgan Stanley... Bob Evans (BOBE) downgraded to Underweight from Equal Weight at Stephens... lululemon (LULU) downgraded to Neutral from Buy at DA Davidson... J.C. Penney (JCP) downgraded to Neutral from Buy at BTIG.