Exane BNP Paribas Downgrades Under Armour to Neutral
Portfolio Pulse from Benzinga Newsdesk
Exane BNP Paribas analyst Laurent Vasilescu downgraded Under Armour (NYSE:UAA) from Outperform to Neutral.

March 14, 2024 | 12:44 pm
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NEGATIVE IMPACT
Under Armour downgraded from Outperform to Neutral by Exane BNP Paribas.
Analyst downgrades typically lead to a negative short-term impact on the stock price as they may reflect a less optimistic outlook on the company's future performance. Given the downgrade from Outperform to Neutral, it suggests a shift to a more cautious stance on Under Armour's prospects, potentially influencing investor sentiment and stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100