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Fly News Breaks for March 27, 2015
LULU
Mar 27, 2015 | 07:54 EDT
Canaccord lowered its estimates on lululemon citing weak guidance which suggests 1H 2015 comp trends are not on an accelerating path. The firm does not expect comps to recover until the second half of the year, which could lead to incremental margin pressure. Canaccord maintained its Hold rating and $55 price target on lululemon shares.
News For LULU From the Last 2 Days
