- Sterne Agee takes a harsh view of Lululemon (LULU), downgrading the retailer to Underperform from Neutral and slashing its price target to $56.
- The investment firm says channel checks indicate a risk that core LULU customers have been alienated and thinks same-store sales could decelerate in 2014.
- LULU -2.7% premarket.
From other sites
at CNBC.com (Thu, 4:37PM)
at Investor's Business Daily (Feb 5, 2015)
at Nasdaq.com (Feb 5, 2015)
at Investor's Business Daily (Feb 2, 2015)
at MarketWatch.com (Jan 16, 2015)
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