UPDATE: D.A. Davidson Lowers PT on Lululemon Athletica Following Strong 2Q EPS Report

In a report published Friday, D.A. Davidson analyst Andrew Burns reiterated a Neutral rating on Lululemon Athletica (NASDAQ: LULU ), but lowered the price target from $76.00 to $73.00. In the report, D.A. Davidson noted, “LULU reported constant currency comps, revenue and EPS of 8%, $344.5 million and $0.39. This