Market Overview

Morgan Stanley Remains Concerned About Lululemon Athletica After Today's News

Related LULU
Don't RATION Me Bro! Port Crisis Gets Real With McDonald's French Fry Shortage
Analysts Cautious On Lululemon Athletica
Making Money With Charles Payne: 12/11/14 (Fox Business)

In a report published Friday, Morgan Stanley analyst Kimberly C. Greenberger reiterated an Equal-Weight rating on Lululemon Athletica (NASDAQ: LULU).

In the report, Morgan Stanley noted, “We are not more constructive despite the pullback and remain EW. We have been cautious since March's recall and today's news doesn't lessen our concerns. Even with LULU down 12% since 3Q's release, we remain on the sidelines. We look to holiday end to determine if the sales trends are short-term bumps or long-term dislocations.”

Lululemon Athletica closed on Thursday at $60.39.

Latest Ratings for LULU

DateFirmActionFromTo
Dec 2014TelseyUpgradesMarket PerformOutperform
Dec 2014Deutsche BankMaintainsHold
Dec 2014Morgan StanleyMaintainsEqual-weight

View More Analyst Ratings for LULU
View the Latest Analyst Ratings

Posted-In: Kimberly C. Greenberger Morgan StanleyAnalyst Color Reiteration Analyst Ratings

 

Related Articles (LULU)

Around the Web, We're Loving...

Get Benzinga's Newsletters