** Shares of Lululemon Athletica LULU.O were down 1.3% on Thurs, with the athleisure apparel retailer due to report a rise in qrtrly rev when it releases results after the closing bell

** Analysts expect Q1 rev of $2.36 bln vs $2.21 bln in the yr-ago qtr, and EPS of $2.58/shr vs $2.54 a yr ago, according to LSEG

** Earlier this week, both Piper Sandler and TD Cowen raised their price targets on LULU

** The median 12-mo PT on LULU is $327.50; the stock was last at $330.69 on Thurs

** The co in late March said economic uncertainty was dampening demand for its apparel and U.S. tariffs on imports from China and Mexico had squeezed its forecast for the year

** The U.S. and China on May 12 said they have agreed to a deal to slash reciprocal tariffs

** Analyst recommendations on the stock include 19 "strong buy" or "buy" ratings, 13 "hold" ratings and three "sell" or "strong sell" ratings

** LULU is down about 14% YTD compared with a roughly 9% fall in the S&P 500 consumer discretionary sector .SPLRCD

(Reporting by Caroline Valetkevitch)

((caroline.valetkevitch@thomsonreuters.com))