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Average LULU
down 48.51 %

LULULEMON ATHLETICA INC (LULU) upgraded to Average with price target $7.50 by Caris & Company

Posted on: Friday,  Mar 27, 2009  9:25 AM ET by Caris & Company

Caris & Company rated Average LULULEMON ATHLETICA INC (NASDAQ: LULU) on 03/27/2009. Previously Caris & Company rated Below Average LULULEMON ATHLETICA INC (NASDAQ:
LULU) on 03/06/2009., when the stock price was $1.13. Since then, LULULEMON ATHLETICA INC has gained 94.22% as of 03/27/2009's recent price of $2.19.
If you would have followed the previous Caris & Company's recommendation on LULU, you would have lost 48.51% of your investment in 21 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.

Caris & Company, an investment bank created by a diverse group of leading Wall Street professionals. We are founded on the basic principle that Wall Street requires a different type of organization: One that offers objective, conflict-free research, acute focus on customer service, broad institutional coverage, and an unwavering commitment to increasing the value of our clients' portfolios. Quite simply, our goal is to generate solid investment ideas for our clients. We offer a unique, differentiated, conflict-free research perspective on large, mid, and small capitalization companies in four growth oriented verticals: Health Care, Technology, Energy, and Consumer.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/27/2009 9:25 AM Hold
2.19 1.88
as of 12/31/2009
1 Week   
1 Month   
3 Months   
1 YTD down  -94.22 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/6/2009 9:25 AM Sell
1.13 1.13

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