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down 96.81 %

LULULEMON ATHLETICA INC (LULU) rated Underperform by Cowen & Co

Posted on: Tuesday,  Jan 6, 2009  9:25 AM ET by Cowen & Co

Cowen & Co rated Underperform LULULEMON ATHLETICA INC (NASDAQ: LULU) on 01/06/2009, when the stock price was $2.00.
Since then, LULULEMON ATHLETICA INC has gained 3039.85% as of 01/28/2016's recent price of $62.64.
If you would have followed this Cowen & Co's recommendation on LULU, you would have lost 96.81% of your investment in 2578 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.

Cowen and Company’s culture is rooted in the traditions of the research boutiques that once dominated the investment research landscape. Our primary focus is on two products: 1. Proprietary information flow, and 2. Good investment ideas We achieve the first objective with a combination of extensive primary research work, organized survey activity, and access to industry experts (i.e., opinion leaders in medicine, technology, and consumer industries). We believe that the best investment idea is a “Correct Non-Consensus Conclusion,” and a considerable amount of our energy is devoted to this pursuit. We spend as little time as possible on traditional maintenance research products.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/6/2009 9:25 AM Sell
as of 12/31/2009
1 Week down  -121.39 %
1 Month down  -155.82 %
3 Months down  -194.28 %
1 YTD down  -738.97 %

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