Lululemon analysts reboot stock price target after earnings originally appeared on TheStreet.

Now that was a real lulu.

The dictionary tells us that the slang term “lulu”, which dates to the 1850s, can be used to describe a person or thing “outstanding for some quality.”

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That quality can be positive or negative, and for Lululemon  (LULU)  it translated into about 5 pounds of oy vey in a two-pound bag.

Shares of the Vancouver athleisure giant nosedived on June 6 after it beat Wall Street’s first-quarter-earnings expectations but slashed its full-year guidance, citing a “dynamic macroenvironment” that included increased competition and…