A wave of analyst downgrades are coming in on Lululemon (NASDAQ:LULU) after the resignation of CEO Christine Day clouded visibility on the retailer and Q1 results (I, II) disappointed. So far, both UBS and Sterne Agee moved to a Neutral stance while BMO expressed concern over the ongoing search for a senior supply chain exec. LULU -13.4% premarket to $71.25.
A wave of analyst downgrades are coming in on Lululemon (NASDAQ:LULU) after the resignation of...
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| Symbol | Last Price | % Chg |
|---|---|---|
| LULU | - | - |
| Lululemon Athletica Inc. | ||