B of A Securities Maintains Neutral on Under Armour, Lowers Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained a Neutral rating on Under Armour (NYSE:UAA) but has lowered the price target from $9 to $8.
May 17, 2024 | 11:17 am
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NEGATIVE IMPACT
B of A Securities has maintained a Neutral rating on Under Armour but has lowered the price target from $9 to $8. This suggests a cautious outlook on the stock's short-term performance.
The lowered price target from $9 to $8 indicates a less optimistic view on Under Armour's short-term performance, which could lead to a negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100