Lululemon Athletica Inc. shares are down 20 per cent so far in 2017, and most of that weakness came after its fiscal fourth quarter results at the end of March were accompanied by warnings that the year got off to a slow start.
Stifel downgraded Lululemon Athletica Inc. (NASDAQ: LULU) from Buy to Hold with a price target of $66.00 (from $60.00). Analyst Jim Duffy says the risk/reward offering is balanced following the recent run-up in valuation.
Shares of lululemon athletica inc. (NASDAQ:LULU) climbed 23.6% in the month of June, according to data provided by S&P Global Market Intelligence, after the yoga apparel specialist announced strong first-quarter 2017 results.
Lululemon Athletica Inc (LULU) shares are moving today on volatility -1.16% or -0.72 from the open. The NASDAQ listed company saw a recent bid of 61.30 and 321031 shares have traded hands in the session.