-
Lululemon Investors Stretch Out After Q2 Beat: 'Firing On All Cylinders'
Friday, September 2, 2022 - 2:10pm | 663While the rally in some of the reopening stocks has fizzled out, the back to the office trade is alive and well. This was first evidenced by earnings beat by Ulta Beauty Inc. (NASDAQ: ULTA), which nudged the issue to an all-time high — impressive in today's market...
-
'Stand-Out Is An Understatement,' Morgan Stanley Comments On Lululemon Athletica's Q2 Performance
Friday, September 2, 2022 - 11:51am | 243Morgan Stanley analyst Alex Straton reiterated an Overweight rating on the shares of Lululemon Athletica Inc (NASDAQ: LULU) and raised the price target to $343 from $315. The company's Q2 earnings and Q3 guidance both were above Street expectations. Straton...
-
Why Lululemon Athletica Is Trading Higher By 11%, Here Are 36 Stocks Moving In Friday's Mid-Day Session
Friday, September 2, 2022 - 11:18am | 1225Gainers NewAge, Inc. (NASDAQ: NBEV) shares climbed 61.3% to $0.1972 on continued volatility after the company recently announced it filed a voluntary petition for relief under chapter 11 of the United States Bankruptcy Code. The stock is rebounding after trading lower on Thursday. PaxMedica, Inc...
-
NVIDIA To $170; Also Check Out Some Other Major PT Changes
Friday, September 2, 2022 - 9:15am | 331Needham cut the price target on NVIDIA Corporation (NASDAQ: NVDA) from $185 to $170. Needham analyst Rajvindra Gill maintained the stock with a Buy. NVIDIA shares fell 0.1% to trade at $139.32 on Friday. NVIDIA shares dropped 7.7% on Thursday after the company said its China sales are being...
-
These Analysts Boost Price Targets On Lululemon After Upbeat Q2 Results, Shares Jump
Friday, September 2, 2022 - 7:06am | 227Lululemon Athletica Inc. (NASDAQ: LULU) reported better-than-expected results for its second quarter and boosted its annual projections. For the full fiscal year, Lululemon sees revenue hitting $7.865 billion to $7.940 billion, which represents a three-year compounded annual growth rate of 26%....
-
HashiCorp, Pagerduty, Lululemon And Some Other Big Stocks Moving Higher In Today's Pre-Market Session
Friday, September 2, 2022 - 6:53am | 373Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) surged 13.5% to $19.25 in pre-market trading. A consortium led by Hollysys Automation’s management is looking to take the US-listed company private in a deal valuing the company at $1.8 billion, Reuters reported. HashiCorp, Inc. (NASDAQ:...
-
Tesla To $360? Here Are 5 Other Price Target Changes For Friday
Friday, September 2, 2022 - 6:34am | 300Piper Sandler raised the price target on Tesla, Inc. (NASDAQ: TSLA) from $344 to $360. Piper Sandler analyst Alexander Potter maintained an Overweight rating on the stock. Tesla shares rose 0.3% to $277.98 in pre-market trading. Rosenblatt cut Ciena Corporation (NYSE: CIEN) price target from $...
-
Broadcom, Lululemon Athletica And 3 Stocks To Watch Heading Into Friday
Friday, September 2, 2022 - 3:05am | 277With US stock futures trading slightly lower this morning on Friday, some of the stocks that may grab investor focus today are as follows: Lululemon Athletica Inc. (NASDAQ: LULU) reported better-than-expected results for its second quarter and boosted its annual projections. Lululemon shares...
-
Hormel Foods, Campbell Soup And 3 Stocks To Watch Heading Into Thursday
Thursday, September 1, 2022 - 3:08am | 279With US stock futures trading lower this morning on Thursday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Hormel Foods Corporation (NYSE: HRL) to report quarterly earnings at $0.41 per share on revenue of $2.98 billion before the opening bell. Hormel...
-
Fear & Greed Index Drops Further As US Stocks Record Losses For Fourth Straight Session
Thursday, September 1, 2022 - 2:49am | 376The CNN Money Fear and Greed index moved slightly lower, but still remained in the "neutral" zone after U.S. stocks recorded losses for the fourth session in a row. All the three major indices notched their weakest August performance since 2015 following Jerome Powell’s comments at...
-
Tuesday's Market Minute: Lululemon's Stretched Expectations Into 2Q Report Thursday
Tuesday, August 30, 2022 - 9:01am | 435In a quick two decades, Lululemon (NASDAQ: LULU) has transformed itself from a standalone Canadian yoga store to one of the world’s most recognized fitness brands with its well-loved omega-resembling logo depicting all that is trendy in the apparel industry. During the five-year period from...
-
McDonald's Gets A Price Target Boost By This Analyst; Also Check Out Some Other Major PT Changes
Tuesday, August 30, 2022 - 7:21am | 319Tigress Financial raised the price target on McDonald's Corporation (NYSE: MCD) from $314 to $320. Tigress Financial analyst Ivan Feinseth maintained a Buy rating on the stock. McDonald's shares rose 0.3% to $256.44 in pre-market trading. RBC Capital cut SelectQuote, Inc. (NYSE: SLQT)...
-
Dow Drops 1,000 Points On Powell's Hawkish Talk
Monday, August 29, 2022 - 5:50am | 1115(Friday Market Close) Federal Reserve Chairman Jerome Powell opened the day at the Fed’s Jackson Hole Economic Symposium with a speech that reiterated the Fed’s commitment to attacking inflation even if it causes the economy to slow and unemployment to rise. He expressed the...
-
Read Why Jefferies Downgraded This Athletic Apparel Retailer
Monday, July 11, 2022 - 12:43pm | 138Jefferies analyst Randal Konik downgraded Lululemon Athletica Inc (NASDAQ: LULU) to Underperform from Hold and reduced the price target to $200 from $375, implying a 29% downside. Konik sees risks to Lululemon's consensus estimates amidst rising competition and...
-
Lululemon Athletica Enters New Market In Europe: Check Out Where
Tuesday, July 5, 2022 - 1:34pm | 171Lululemon Athletica Inc (NASDAQ: LULU) is planning to launch in Spain by opening stores in Madrid and Barcelona. It will also launch a local e-commerce site in Spain. The company enters Spain as the first new market in Europe since 2019. In September, lululemon will open its...