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Fly News Breaks for February 3, 2020
LULU
Feb 3, 2020 | 16:26 EDT
BMO Capital analyst Simeon Siegel initiated coverage of Lululemon Athletica with a Market Perform rating and $231 price target. The analyst believes the company's margins are approaching a peak and he worries that the stock upside "may be capped."
News For LULU From the Last 2 Days
LULU
Jun 2, 2020 | 12:19 EDT
Equity markets in the U. S... To see the rest of the story go to thefly.com. See Story Here
LULU
Jun 2, 2020 | 10:07 EDT
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Lululemon (LULU) downgraded to Equal Weight from Overweight at Wells Fargo with analyst Ike Boruchow saying he sees a balanced risk/reward profile following the recent rally in the shares. 2. Cboe Global Markets (CBOE) downgraded to Neutral from Overweight at JPMorgan with analyst Kenneth Worthington saying trading volumes and open interest "as a leading indicator remain tepid." 3. Cognex (CGNX) downgraded to Underperform from Neutral at Baird with analyst Richard Eastman saying his price target represents a generous trough multiple and he believes it is generous across the Street for an attractive but cyclical-growth technology company. 4. Evolent Health (EVH) downgraded to Neutral from Overweight at Cantor Fitzgerald with analyst Steven Halper citing the company's announcement on Friday that Passport was not successful in its Kentucky Medicaid rebid. 5. Novus Therapeutics (NVUS) downgraded to Neutral from Buy at Ladenburg with analyst Michael Higgens saying while the first exploratory trial with OP0201 met the safety endpoint, OP0201 just missed statistical significance on the 12-to-14 day endpoint while only numerically superior on the 4-to-6 day endpoint. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
LULU
Jun 2, 2020 | 09:52 EDT
Check out today's top analyst calls from around Wall Street, compiled by The Fly. HOME INVESTMENT TO... To see the rest of the story go to thefly.com. See Story Here
LULU
Jun 2, 2020 | 09:05 EDT
Check out this morning's top movers from around Wall Street, compiled by The Fly.  HIGHER - MoneyGram (MGI)... To see the rest of the story go to thefly.com. See Story Here
LULU
Jun 2, 2020 | 06:00 EDT
Wells Fargo analyst Ike Boruchow downgraded Lululemon Athletica to Equal Weight from Overweight with a price target of $275, up from $250. The analyst sees a balanced risk/reward profile following the recent rally in the shares. With the stock up 125% since mid-March and with "plenty of risk in the consumer environment still ahead," Boruchow is moving to the sidelines. The analyst still believes Lululemon is a "high-quality best-in-class brand," but he prefers to wait for a better entry point into the shares.
LULU
Jun 2, 2020 | 05:25 EDT
Wells Fargo analyst Ike Boruchow downgraded Lululemon Athletica to Equal Weight from Overweight with a $275 price target.