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A filing announced Friday in New York alleges disclosure shortcomings artificially inflated the stock price of the Vancouver-based retailer.
A filing announced Friday in New York alleges disclosure shortcomings artificially inflated the stock price of the Vancouver-based retailer.
(LUCAS JACKSON/REUTERS)

Wednesday's analyst upgrades and downgrades

Inside the Market’s roundup of some of today’s key analyst actions. This file will be updated during the trading day. For breaking analyst actions prior to market open every day, read our Before the Bell morning report.

Shares of Lululemon Athletica Inc. are on the rise today after banking giant JPMorgan initiated coverage on the yoga apparel retailer with an "overweight" recommendation, arguing that its growth trajectory remains intact despite a number of well-publicized ordeals over the past year.