U.S. stocks saw a selloffi accelerate on slightly hotter-than-expected inflation data and ongoing tariff worries that could keep Fed rates on hold.

Stifel analyst Jim Duffy was one of several analysts who reiterated a Buy rating on the consumer discretionary stock after earnings. Duffy says that he appreciates "the relative conservatism" in Lululemon's guidance, adding that the company has a "track record for outperformance" and several "tangible near-term drivers."

U.S. stocks are falling following discouraging updates on inflation and how much U.S. households may be willing to spend