Janney Capital sees a rough period for Lululemon


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

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Comments (2)
  • Francis Lynch
    , contributor
    Comments (60) | Send Message
     
    Analyst downgrades the stock after a 40% move in the last 50 days? Late to the party.
    27 Jan 2014, 05:29 PM Reply Like
  • meta9999
    , contributor
    Comments (210) | Send Message
     
    Late but spot on..............
    6 Feb 2014, 08:23 PM Reply Like
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