Evercore ISI Group Initiates Coverage On Under Armour with In-Line Rating, Announces Price Target of $8
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Michael Binetti has initiated coverage on Under Armour (NYSE:UAA) with an In-Line rating and a price target of $8.
November 07, 2023 | 10:07 am
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Under Armour has been initiated with an In-Line rating by Evercore ISI Group, with a price target of $8.
The initiation of coverage by Evercore ISI Group with an In-Line rating suggests that the analyst believes Under Armour's stock will perform approximately as well as other companies in the market. The price target of $8 indicates the analyst's expectation of the stock's future price. This could influence investor sentiment and potentially impact the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100