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Lululemon shares fall after Credit Suisse downgrade

Financial Post
Friday, 4 January 2013

Lululemon Athletica shares fell as much as 6.4% after Credit Suisse downgraded the stock, citing a sales slowdown
Source: Market News Video
News video: Analyst Moves: LULU, FDO

Analyst Moves: LULU, FDO

Lululemon (LULU) was downgraded by Credit Suisse (CS) to neutral from outperform with a price target of $80 due to slowing comp sale growth, which may have a negative impact on margins. Shares are lower by about 4.9 percent.

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