Replies to post #149587 on Option Millionaires

[madrose1]

LULU $72's ..Credit Suisse downgraded lululemon based on slowing comp momentum, increasing promotional activity, and long-term competitive risks as activewear gains shelf space in retail channels. Price target lowered to $80 from $86

yah, who knew yest??

The quick analyst take on Lululemon (LULU) is that this morning's stinging downgrade from Credit Suisse could be the domino that precipitates a lingering fall in share price. After a considerable amount of anecdotal discussion over the retailer's promotional activity, the investment firm has come out with something a little bit meatier for bears to sink their teeth into. LULU -5.9% premarket to $72.35. [Consumer, On the Move] Comment!

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