Wells Fargo Maintains Equal-Weight on Under Armour, Lowers Price Target to $6
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Will Gaertner maintains an Equal-Weight rating on Under Armour (NYSE:UAA) but lowers the price target from $7 to $6.
May 17, 2024 | 2:09 pm
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Wells Fargo analyst Will Gaertner maintains an Equal-Weight rating on Under Armour but lowers the price target from $7 to $6.
The lowered price target from $7 to $6 suggests a less optimistic outlook for Under Armour's stock performance, which could lead to a short-term decline in the stock price.
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