Oppenheimer Downgrades Under Armour to Perform
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Brian Nagel has downgraded Under Armour (NYSE:UAA) from Outperform to Perform.
May 23, 2024 | 12:21 pm
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Oppenheimer analyst Brian Nagel has downgraded Under Armour from Outperform to Perform, indicating a less optimistic outlook on the stock.
The downgrade from Outperform to Perform by a reputable analyst like Brian Nagel at Oppenheimer suggests a less optimistic view on Under Armour's short-term performance. This could lead to a negative sentiment among investors, potentially causing a short-term decline in the stock price.
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