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Enter Symbol:
 
LULULEMON ATHLETICA INC (LULU) [hlAlert]

Rating:
Hold LULU
up 23.39 %

LULULEMON ATHLETICA INC (LULU) downgraded to Hold by Argus

Posted on: Tuesday,  Mar 6, 2012  8:25 AM ET by Argus

Argus rated Hold LULULEMON ATHLETICA INC (NASDAQ: LULU) on 03/06/2012. Previously Argus rated Buy LULULEMON ATHLETICA INC (NASDAQ: LULU) on 09/22/2011.,
when the stock price was $54.12. Since then, LULULEMON ATHLETICA INC has gained 23.39% as of 03/06/2012's recent price of $66.78.
If you would have followed the previous Argus's recommendation on LULU, you would have gained 23.39% of your investment in 166 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.

Argus Research is an independent research firm, and our business is producing, distributing and marketing high-quality investment and economic research. Our recommendations - BUY, HOLD and SELL - reflect the judgment of an analyst about a company's prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Our independence allows us to make critical judgments about companies that we might not be so free to make were we competing for a firm's underwriting business. Because we're not a broker/dealer, we don't have "inventory" of a stock that we have to move with a tainted recommendation. We have developed a six-point system for analyzing the stocks in our Universe of Coverage. We believe that this system
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/6/2012 8:25 AM Hold
None
66.78
as of 12/31/2012
1 Week   
1 Month   
3 Months   
1 YTD up  43.12 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/22/2011 8:25 AM Buy
None
54.12 75.00

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