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Enter Symbol:

Neutral LULU
down 9.65 %

LULULEMON ATHLETICA INC (LULU) downgraded to Neutral by Credit Suisse

Posted on: Friday,  Dec 13, 2013  8:25 AM ET by Credit Suisse

Credit Suisse rated Neutral LULULEMON ATHLETICA INC (NASDAQ: LULU) on 12/13/2013. Previously Credit Suisse rated Outperform LULULEMON ATHLETICA INC (NASDAQ: LULU) on
09/13/2013., when the stock price was $66.30. Since then, LULULEMON ATHLETICA INC has lost 9.65% as of 12/13/2013's recent price of $59.90.
If you would have followed the previous Credit Suisse's recommendation on LULU, you would have lost 9.65% of your investment in 91 days.

lululemon athletica inc. is a designer and retailer of technical athletic apparel primarily in North America. Its yoga-inspired apparel is marketed under the lululemon athletica brand name. The Company offers a line of apparel and accessories, including fitness pants, shorts, tops and jackets designed for athletic pursuits, such as yoga, dance, running and general fitness. It offers a line of performance apparel and accessories for both women and men. The Company?s fitness-related accessories include an array of items such as bags, socks, underwear, yoga mats, instructional yoga digital versatile discs (DVDs), water bottles and headbands. As of February 1, 2009, the Company?s branded apparel was principally sold through its 113 stores that are primarily located in Canada and the United States. As of February 1, 2009, the Company has discontinued its operations in Japan.

Excellence in equity and fixed income research is a hallmark of Credit Suisse. Globally, our equity research analysts provide in-depth coverage of over 2,500 companies and engage in a knowledge-sharing, value added culture that has yielded the most insightful product for our customers and tremendous competitive results. Additionally, Credit Suisse's powerful macro-economic and debt strategy teams integrate the bank's comprehensive company research with keen market perspectives of the ever-shifting investment terrain.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/13/2013 8:25 AM Hold
as of 12/13/2013
1 Week down  -15.23 %
1 Month down  -14.17 %
3 Months down  -10.70 %
1 YTD down  -10.70 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/13/2013 8:25 AM Buy
1/4/2013 8:25 AM Hold
4/14/2010 8:25 AM Hold
10.98 8.50
12/11/2008 9:25 AM Hold
1.93 2.25
11/5/2008 9:25 AM Buy
3.03 7.25
3/11/2008 8:25 AM Buy
6.54 10.50

(*) Stock Price at the time of the recommendation.
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