Williams Trading analyst Sam Poser last night downgraded Under Armour (UAA) to Hold from Buy with a price target of $9, down from $11. The analyst cites the “surprising” CEO change for the downgrade. The firm is on the sideline awaiting information regarding the company’s strategies. It is taking a “wait and see” approaching.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on UAA:
- Under Armour price target lowered to $10 from $15 at Argus
- Under Armour Class A call volume above normal and directionally bullish
- Under Armour says China was leading contributor to Q3 growth
- Under Armour (NYSE:UAA) Jumps on Mixed Q3 Print
- Under Armour ups FY24 adjusted EPS view to 50c-52c from 47c-51c, consensus 49c
