Lululemon (LULU) is upgraded by Sterne Agee to a Buy rating and is given a fresh price target of...


Lululemon (LULU) is upgraded by Sterne Agee to a Buy rating and is given a fresh price target of $90 by the firm.

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Comments (2)
  • Yo Bob
    , contributor
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    They're nuts to igive a target of $90.
    8 May 2013, 08:03 AM Reply Like
  • Deja Vu
    , contributor
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    Rumor on the street is that LULU is going to be target of a short presentation at the Ira Sohn. I'd be nuts to think that this upgrade on a random Wednesday morning with no other news would be an attempt to pump up the price so that some longs, who are also Sterne Agee clients, could dump thier stakes. Just could not be. Wall Street is too honest to pull stunts like that.
    8 May 2013, 08:32 AM Reply Like
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