KeyBanc downgrades Lululemon (LULU) to Hold from Buy. Concerns from analysts focus on valuation...

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

KeyBanc downgrades Lululemon (LULU) to Hold from Buy. Concerns from analysts focus on valuation seen as too pricey in light of a more cautious view on high-end U.S. consumers - bolstered by earnings reports from Ralph Lauren and Tiffany. Shares +55.7% YTD.