lululemon price target lowered to $55 from $68 at Wedbush Wedbush lowered its earnings estimates for lululemon citing the company's negative Q4 preannouncement and keeps a Neutral rating on the stock. The firm believes lululemon is suffering from a lack of leadership and wants to see signs of comp and product stabilization before getting more positive on the name. Wedbush cut its price target for shares to $55.
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.