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Lululemon Athletica inc. (NASDAQ:LULU) has been downgraded to Market Perform in a report by Wells Fargo & Co today.

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Lululemon Athletica inc. has a price-earnings ratio of 23.47 with a one year low of $50.50 and a one year high of $81.81 LULU’s total market value is presently $0.

A total of 31 firms have reported on the company. 0 brokerages rating the stock a strong buy, 0 equity analysts rating the company a buy, zero equity analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero firms rating the stock a sell with a consensus target price of $71.39.

About Lululemon Athletica inc. (NASDAQ:LULU)

Lululemon Athletica Inc. is a designer, distributor and retailer of technical athletic apparel. The Company's segments include Company-operated stores, Direct to consumer and Other. The Company offers a line of apparel and accessories for women, men and female youth. Its apparel assortment includes items, such as pants, shorts, tops and jackets designed for healthy lifestyle activities and athletic pursuits, such as yoga, running, other sweaty pursuits and athletic wear for female youth. The Company conducts its business through two channels: Company-operated stores and direct to consumer. It operates approximately 360 Company-operated stores located in the United States, Canada, Australia, New Zealand, the United Kingdom, Singapore, Hong Kong, Germany and Puerto Rico. Its direct to consumer segment includes lululemon and ivivva e-commerce Websites, www.lululemon.com and www.ivivva.com, and other country and region specific Websites.

The post Lululemon Athletica inc. (NASDAQ:LULU) has been downgraded to Market Perform in a report by Wells Fargo & Co today. appeared first on Octafinance.



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Lululemon Athletica inc. (NASDAQ:LULU) has been downgraded to Market Perform in a report by Wells Fargo & Co today.

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