Lululemon lifts full-year guidance after Q3 results top estimates

Lululemon Athletica Inc. (LULU) PT Raised to $396 at Deutsche Bank

Deutsche Bank analyst Krisztina Katai raised the price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $396.00 (from $292.00) while maintaining a Hold rating.

The analyst comments "With sentiment already improving intra-quarter, LULU's 3Q print gave further indication that the worst could be over, as Americas... More

'Onwards and upwards': This retailer likely hit the bottom, Bernstein notes

One activewear retailer appears to have hit the bottom in its Americas business, setting the stage for growth in early 2024, according to Bernstein.

Bernstein told investors in a note Friday that Lululemon Athletica's (NASDAQ: LULU) companys Q3 results delivered a small beat with a big stock reaction, driven by easing concerns and optimism for fiscal 2025 and beyond.

Americas growth has... More

Lululemon Athletica Inc. (LULU) PT Raised to $376 at CFRA

CFRA analyst Zachary Warring raised the price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $376.00 (from $280.00) while maintaining a Hold rating.

The analyst comments "We raise our 12-month price target by $96 to $376, based on 23.5x our FY 26 (Jan.) EPS estimate and below the... More

Lululemon Athletica Inc. (LULU) PT Raised to $438 at Stifel

Stifel analyst Jim Duffy raised the price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $438.00 (from $370.00) while maintaining a Buy rating.

The analyst comments "FY3Q was a high-quality revenue and EPS beat to consensus (+$39mn/+$0.16), featuring gross margin upside and clean... More

Lululemon Athletica Inc. (LULU) PT Raised to $420 at Truist Securities

Truist Securities analyst Scot Ciccarelli raised the price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $420.00 (from $360.00) while maintaining a Buy rating.

The analyst comments "LULU was up HSD% AMC. Its US business appears to be stabilizing as they introduce more newness into their... More

Lululemon Athletica Inc. (LULU) PT Raised to $360 at UBS

UBS analyst Jay Sole raised the price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $360.00 (from $315.00) while maintaining a Neutral rating.

The analyst comments "A pivotal LULU question is if its Americas sales growth rate can return to its historical levels and drive... More

Lululemon Athletica Inc. (LULU) PT Raised to $430 at BTIG

BTIG analyst Janine Stichter raised the price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $430.00 (from $360.00) while maintaining a Buy rating.

The analyst comments "Q3 beat on revenues and GM, while '24 guidance was raised, with Q4 guided in-line. All year, investors have... More

Lululemon Athletica Inc. (LULU) PT Raised to $400 at Raymond James

Raymond James analyst Rick Patel raised the price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $400.00 (from $355.00) while maintaining a Outperform rating.

The analyst comments "Following the 3Q beat, we view LULUs attractive and long-duration growth drivers (mainly international and mens)... More

Lululemon Athletica Inc. (LULU) PT Raised to $380 at Citi

Citi analyst Paul Lejuez raised the price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $380.00 (from $270.00) while maintaining a Neutral rating.

The analyst comments "3Q sales/EPS beat cons based on stronger intl sales/GM. While Americas comp of -2% was... More