UBS: Lululemon future bright

The yoga-inspired athletic apparel maker is in its early growth stage, according to UBS, which initiated coverage with a top rating and 91 price target. The broker said in a note for clients that Lululemon Athletica (LULU) can add a large number of stores to its base of almost 180 U.S. and Canadian locations. It thinks the retailer, which sells $98 stretchy yoga pants, as well as hoodies and other sporty gear, can double higher-margin online sales