Biggest movers: lululemon athletica inc. (NASDAQ:LULU) , International Paper Company (NYSE:IP)

They now have a United States dollars 68 price target on the stock.

Overall, 3 research analysts have rated the stock with a Sell rating, 5 research analysts have assigned a Hold rating and 14 research analysts have given a Buy rating to the stock.

Several other analysts have also recently issued reports on the stock.

Meanwhile, the inventory reduction plan and the “big gross margin beat” had Oppenheimer analyst Anna Andreeva raising her price target to $80. Wedbush reiterated a “buy” rating and set a $72.00 price objective on shares of Lululemon Athletica inc.in a report on Monday, March 28th. DNB Asset Management purchased a new stake in Lululemon Athletica inc. during the fourth quarter valued at approximately $4,185,899.

06/03/2016 – lululemon athletica inc. had its “buy” rating reiterated by analysts at Sterne Agee. They now have a Dollars 69 price target on the stock. The stock closed up +3.34 points or 4.90% at $71.48 with 10.40 million shares getting traded, post opening the session at $69.04. He said that the company’s direct to consumer business was very strong, adding that the company is distinguishing itself with “very strong comps”. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Lululemon Athletica inc. (NASDAQ:LULU) stock observed 52 week high on Jun 8, 2016 and 52 low on Nov 17, 2015. The company has a market cap of $16.83 billion and the numbers of outstanding shares have been calculated to be 351.64 million shares. This was up from $50.9 million, or $0.44 per share, in last year’s second quarter. Currently, Lululemon has an average volume of 2.25M.

Despite Lululemon Athletica’s (LULU) better-than-expected first-quarter revenue results, analysts have mixed views on the yoga trousers maker’s prospects for the remainder of the year.

On 08 June Lululemon Athletica Inc. The apparel retailer reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.31 by $0.01.

For the current quarter ending in August, Lululemon said it expects revenue in the range of $505 million to $515 million.

Net revenue increased by 17% to $495.5 million from $423.5 million in the first quarter of fiscal 2015, or increased by 19% on a constant dollar basis. But Lululemon missed on the bottom line, with earnings falling almost 12% from a year earlier. Deutsche Bank advised their investors in a research report released on Jun 9, 2016. Janus Capital Management now owns 775,764 shares of the apparel retailer’s stock valued at $39,293,000 after buying an additional 656,264 shares during the last quarter. Mizuho Trust & Banking Co. JP Morgan maintained the shares of LULU in a report on April 4 with “Overweight” rating. Finally, Rhumbline Advisers raised its position in Lululemon Athletica inc.by 0.9% in the fourth quarter. They now own 136.30 million shares or 5.39% more from 129.33 million shares in 2015Q3. The Company offers a line of apparel and accessories for women, men and female youth. It offers a comprehensive line of apparel and accessories, including fitness trousers, shorts, tops and jackets designed for athletic pursuits such as yoga, running and general fitness.