Lululemon starts off earnings week with some momentum

Lulemon (LULU +2.2%) reports Q4 earnings later this week with all eyes on how well the retailer held up with a promotional haze cutting into margins across the sector.

Though the company has already lowered expectations for the period, the read on online sales growth, margins, and store traffic will still be critical.

Shares of LULU are on the rose today, despite some PT cuts from investment firms.

JPMorgan lowered its price target on Lululemon LULU to $58 from $74.

Wedbush clips its PT on the retailer to $54, while Mizuho is on the low end at $48.

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