Analysts: Lululemon’s Transparency Problems Have Passed and 3 More Research Notes to Look Into

Lululemon Athletica (NASDAQ:LULU): UBS has raised its estimates on the athletic company, following Q1 checks that indicate low black Luon pant inventory, a strong product lineup, and controlled markdowns. The firm sees upside to Q2 comps and margins given likely restocking in June, notes that traffic and fundamentals remain strong, and keeps a Buy rating with a $90 price target, up from $77.

NEW! Discover a new stock idea each week for less than the cost of 1 trade. CLICK HERE for your Weekly Stock Cheat Sheets NOW!

LULU

NASDAQ (NASDAQ:NDAQ): Wells Fargo believes that the stock has several potential positive catalysts, following a meeting with NASDAQ’s CFO. The firm views the shares as a very inexpensive way to play a recovery in the global securities market, and maintains its Outperform rating.

NEW! Discover a new stock idea each week for less than the cost of 1 trade. CLICK HERE for your Weekly Stock Cheat Sheets NOW!

NDAQ

J.M. Smucker (NYSE:SJM): Bernstein has raised its FY15 EPS estimate for J.M. Smucker, based on expectations for increased profit growth from recovering margins and volumes to offset a potential slowdown in K-cups sales growth. It rates the shares at Outperform, with a $125 price target, up from $119.

NEW! Discover a new stock idea each week for less than the cost of 1 trade. CLICK HERE for your Weekly Stock Cheat Sheets NOW!

SJM

Citigroup (NYSE:C): Citigroup’s settlement over the mortgage securities that it sold to Fannie and Freddie is a minor positive, according to Wells Fargo, as the firm thinks the settlement won’t significantly affect Citi’s 2013 EPS. Citi’s existing reserves should cover the cost of the settlement says the firm, which keeps an Outperform rating on the stock.

NEW! Discover a new stock idea each week for less than the cost of 1 trade. CLICK HERE for your Weekly Stock Cheat Sheets NOW!

C

Don’t Miss: Is the Federal Reserve Damaging the Mortgage Market?