Yoga retailer Lululemon Athletica Inc. is still a safe retail investment despite the macroeconomic downturn, says analyst Paul Lejuez at Credit Suisse.
He maintained his “outperform” rating on the shares but reduced his fiscal 2008 earnings estimate to 69¢ from 72¢ and his fiscal 2009 estimate to 90¢ per share from 98¢ based on his slightly [...]