BMO Capital Maintains Outperform on Under Armour, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
BMO Capital has maintained its Outperform rating on Under Armour (NYSE:UAA) but has lowered the price target from $12 to $10.
May 17, 2024 | 2:56 pm
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BMO Capital has maintained its Outperform rating on Under Armour but has lowered the price target from $12 to $10.
The Outperform rating suggests continued confidence in Under Armour's performance, but the lowered price target indicates some caution about its short-term prospects. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100