lululemon Q4 results better than feared, says Citigroup Citigroup says lululemon's Q4 results were better than feared and that the company's Q1 outlook could prove conservative. Citi believes the lowered outlook positions lululemon to meet numbers going forward and it reiterates a Buy rating on the stock with a $65 price target.
Lululemon Athletica active call volume attributed to renewed takeover chatter Lululemon Athletica March weekly 66 and 70 calls are active on total call volume of 7K contracts (1K puts) on renewed takeover chatter. March weekly call option implied volatility is at 49, March is at 40, April is at 44, June is at 35; compared to its 26-week average of 36 according to Track Data. Active call volume suggests traders taking positions for upside price movement.