William Blair Downgrades Under Armour to Market Perform
Portfolio Pulse from Benzinga Newsdesk
William Blair analyst Sharon Zackfia has downgraded Under Armour (NYSE:UAA) from Outperform to Market Perform.
May 16, 2024 | 3:30 pm
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William Blair analyst Sharon Zackfia has downgraded Under Armour from Outperform to Market Perform, indicating a less optimistic outlook on the company's stock performance.
The downgrade from Outperform to Market Perform by a reputable analyst suggests a less favorable view on Under Armour's future performance, which could lead to a short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100