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Exteriors of the Lululemon shop at 153 Cumberland St. in Toronto's Yorkville neighbourhood on Feb. 6, 2014.
Exteriors of the Lululemon shop at 153 Cumberland St. in Toronto's Yorkville neighbourhood on Feb. 6, 2014.
(Fred Lum/The Globe and Mail)

Tuesday'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.

Don't expect Lululemon Athletica Inc. to be taken private any time soon, says Canaccord Genuity Inc. analyst Camilo Lyon. 

In light of founder Chip Wilson's exploratory exercise to take the retailer private, Mr. Lyon has updated his leveraged buyout model for the company.