lululemon can ease competition concerns at analyst day, says Canaccord Canaccord believes lululemon's management can go a long way in easing concerns about increasing competition if it can communicate well at the April 17 analyst day. The firm expects the update to focus on its international opportunity, supply chain progress and product innovation initiatives. The firm expects the analyst day to be a positive catalyst for the stock and reiterates its Buy rating and $69 price target.
lululemon CFO impressive in meeting, says KeyBanc KeyBanc said it was impressed by new lululemon CFO Stuart Haselden in a recent meeting and the firm believes his operational and financial experience should help the company keep improving its operations. The firm repeated that it views lululemon as one of the best product turnaround opportunities within its coverage and it maintains an Overweight rating on the stock.