Lululemon Athletica Inc. LULU is scheduled to release results for its third quarter fiscal 2022 on Thursday, December 8, 2022.
Analysts expect Lululemon to report quarterly earnings of $1.96 per share, up from $1.62 per share in the year-ago period. The company’s revenue might come in at $1.81 billion.
Lululemon shares fell 1.3% to trade at $380.96 on Monday.
These analysts made changes to their price targets on Lululemon ahead of the release of quarterly results.
- Citigroup raised the price target on the stock from $350 to $400. Citigroup analyst Paul Lejuez maintained a Neutral rating on the stock.
- Credit Suisse boosted Lululemon price target from $390 to $465. Credit Suisse analyst Michael Binetti maintained an Outperform rating on the stock.
- Cowen & Co. increased the price target on Lululemon from $535 to $542. Cowen & Co. analyst John Kernan maintained an Outperform rating on the stock.
- Stifel boosted the price target on Lululemon from $400 to $450. Stifel analyst Jim Duffy maintained the stock with a Buy.
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