Stifel Maintains Buy on Under Armour, Lowers Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Jim Duffy maintains a Buy rating on Under Armour (NYSE:UA) but lowers the price target from $10 to $9.
June 24, 2024 | 12:49 pm
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Stifel analyst Jim Duffy maintains a Buy rating on Under Armour but lowers the price target from $10 to $9.
The Buy rating suggests continued confidence in Under Armour's long-term prospects, but the lowered price target indicates some short-term concerns. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100