Seeking Alpha

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
Comments (2)
  • Analyst downgrades the stock after a 40% move in the last 50 days? Late to the party.
    27 Jan, 05:29 PM Reply Like
  • Late but spot on..............
    6 Feb, 08:23 PM Reply Like
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