Sterne Agee keeps a positive outlook on Buy-rated Lululemon (LULU), noting that it expects...

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

Sterne Agee keeps a positive outlook on Buy-rated Lululemon (LULU), noting that it expects global expansion and increased inventory will contribute to revenue. Analysts with the firm say they won't be surprised if Lululemon raises its FY12 guidance on the back of its strong sales growth.