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Lululemon Athletica Inc. Message Board

  • mastershortseller mastershortseller Mar 19, 2013 1:18 PM Flag

    PAKISTANI ISI INTELLIGENCE ANALYSTS SAYS BUY LULU GOING TO $100 LINK

    ISI Group remained even more bullish on Lululemon's growth story with a $100 price target and a "strong buy" rating on the stock. Analysts said the quality issue should be temporary in nature, adding that "it is still one of the best long-term growth stories in all of consumer discretionary, and we would be buying on the pullback."

    ISI suggested that the company's relatively small supply chain has been overworked to build inventory and boost comparable sales growth. It added that the company needs to take a more direct interest in its supply chain, an opinion that other analysts echoed.

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