Analyst Ratings For Under Armour
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed ratings for Under Armour (NYSE:UAA) over the past three months, with most being indifferent. The average 12-month price target has decreased by 5.98% to $7.71. Recent analyst actions include several downgrades and maintained ratings, reflecting cautious sentiment towards the company's stock.
May 16, 2024 | 7:01 pm
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Analysts have shown mixed sentiment towards Under Armour, with most ratings being indifferent. The average 12-month price target has decreased by 5.98% to $7.71, reflecting cautious outlooks. Recent downgrades by analysts from Citigroup, Wells Fargo, and Evercore ISI Group indicate a more conservative stance on the stock.
The decrease in the average price target and recent downgrades by multiple analysts suggest a cautious outlook on Under Armour's stock. This is likely to put downward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100