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Oppenheimer Holdings Research Analysts Lift Earnings Estimates for Lululemon Athletica Inc. (LULU)

Indicating a possible upside of 0.20%, Vetr Inc. bumped the target price of Lululemon Athletica inc.

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09/06/2016 – lululemon athletica inc. was upgraded to “strong buy” by analysts at Vetr Inc. Company shares were Reiterated by Telsey Advisory Group on Aug 15, 2016 to “Outperform”, Firm has raised the Price Target to $ 92 from a previous price target of $82.

09/02/2016 – lululemon athletica inc. was downgraded to “equal weight” by analysts at Morgan Stanley. According to this price target, it now means the analyst believes there is a potential decrease of -7% from the company’s current share price of 69.89. They now have a Dollars 64 price target on the stock. Oppenheimer Holdings now has a “Outperform” rating and a $80.00 price objective on the stock. They now have a Dollars 80 price target on the stock.

Advent International Corp Ma holds 28.07% of its portfolio in Lululemon Athletica inc. for 20.11 million shares. They now have a Dollars 72 price target on the stock. They now have a Dollars 65 price target on the stock. SunTrust Banks Inc. reaffirmed a “buy” rating and issued a $83.00 target price on shares of Lululemon Athletica in a research report on Tuesday, June 21st. Underperform rating was given by 2 analyst and Outperform rating was given by 2 analyst.

A total of 31 brokerages have released a ratings update on Lululemon Athletica inc. Lululemon Athletica makes up approx 0.05% of Janney Montgomery Scott’s portfolio.Cibc Asset Management Inc reduced its stake in LULU by selling 47 shares or 1.12% in the most recent quarter.

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On 9/6/2016, shares of lululemon athletica inc. Over the one year trading period, the stock has a high price of $81.81 and its low price is recorded at $43.14. (NASDAQ:LULU) fell -1.30% in trading session and finally closed at $67.68. The Company’s divisions include Company-operated stores, Direct to consumer and Other. The Company offers a line of apparel and accessories for women, men and female youth. Its apparel assortment, including items, such as fitness trousers, shorts, tops and jackets, is designed for activities such as yoga, running and general fitness. The Company conducts its business through two channels: Company-operated stores and direct to consumer. As of February 1, 2015, the Companys retail footprint included 211 stores in the United States, 57 stores in Canada, 26 stores in Australia, five in New Zealand, two in the United Kingdom and one in Singapore. Its direct to consumer segment includes lululemon and ivivva e-commerce Websites, www.lululemon.com and www.ivivva.com, and and other country and region specific Websites.

A Look at Lululemon Athletica’s Performance in 2Q16