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UBS reiterates a Buy rating on Lululemon (LULU -0.4%), while trimming its price target to $86...

  • Friday, June 8, 2012, 10:36 AM ET
    UBS reiterates a Buy rating on Lululemon (LULU -0.4%), while trimming its price target to $86 from $91. Analyst Roxanne Meyer says the company is one step ahead of rivals with its ability to focus on innovation. Though valuations are high and the stock gets tagged as a momo favorite, so far Lululemon still has the brand cachet that other retailers breaking into the yoga market have failed to capture.
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This news story has 3 comments:

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    Wall Street used to claim that Tempurpedic had a cachet that other mattress retailers failed to capture. That theory worked on the way up, until the inconvenient truth undermined the theory (and TPX declined 75%). Logical Thought: Thanks for correcting my fuzzy post-party morning logic.
    8 Jun 2012, 10:56 AM Reply Like
  •  
    Lol, actually Wall Street's "theory" didn't die until *after* TPX dropped 75% in price!
    8 Jun 2012, 11:06 AM Reply Like
  •  
    Yep, CROX and DECK too. Retail always has fads oh I forgot FOSL , GMCR, ANF and many more
    8 Jun 2012, 11:09 AM Reply Like
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