StreetInsider.com: Brokers Start Coverage on Recent IPO lululemon (LULU)
The time has come for all lovers of yoga and yoga stuff to raise a toast — maybe a mug of wheat grass — to lululemon athletica. Coverage has arrived from the big houses, with target prices of $39 and $40. LULU didn't quite beat earnings estimates today, but growth prospects in the U.S. are bold for the Vancouver, B.C. company.
Me? I haven't tried yoga since 1987 or so. But I like me some crazy yogahead stock! Maybe I'll get me a pinch of LULU this week.
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