Janney Capital sees a rough period for Lululemon

|About: Lululemon Athletica Inc. (LULU)|By:, SA News Editor

Janney Capital cuts its rating on Lululemon (LULU) to Neutral from Buy.

The investment firm thinks Lululemon's recovery from the luon pants fiasco could take longer than anticipated and warns that a period of negative comparable-store sales is possible.

LULU +0.1% premarket