UPDATE: Credit Suisse Lowers PT on Lululemon Athletica Following Executive Departure
June 11, 2013 at 10:58 AM EDT
In a report published Tuesday, Credit Suisse analyst Christian Buss reiterated a Neutral rating on Lululemon Athletica (NASDAQ: LULU ), but lowered the price target from $75.00 to $73.00. In the report, Credit Suisse noted, “We view the departure of Christine Day as a clear negative for lululemon. In our