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MKM Partners Reiterates Buy on lululemon athletica (LULU) Following 3Q
December 8, 2016 10:46 AM ESTMKM Partners reiterated a Buy rating and $90.00 price target on Lululemon Athletica Inc. (NASDAQ: LULU) following the company's 3Q earnings report. LULU's 7% comp (vs. the Street's 5%) included a 4% store comp, which reflects a 2pt acceleration on a 3 year basis vs. 2Q, and a 16% gain in DTC.... More
