January 04, 2013 at 07:52 AM EST
Lululemon Athletica (LULU): Downgraded to Neutral, New Target Price – Credit Suisse
Wall Street Pit Credit Suisse is downgrading Lululemon Athletica (NASDAQ:LULU) to Neutral from Outperform this morning while lowering their target price to $80 (prev. $86). - With slowing comp momentum likely and further merchandise margin pressure a distinct risk, they believe the shares are range bound. Signs of Slowing Momentum in Mature Markets Gives Pause. LULU’s mature store [...] View the full post at: Lululemon Athletica (LULU): Downgraded to Neutral, New Target Price – Credit Suisse Related posts: Stock Market: On High Correlations
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