Barclays Maintains Equal-Weight on Under Armour, Raises Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Adrienne Yih maintains an Equal-Weight rating on Under Armour (NYSE:UAA) and raises the price target from $6 to $8.
August 09, 2024 | 1:39 pm
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POSITIVE IMPACT
Barclays analyst Adrienne Yih maintains an Equal-Weight rating on Under Armour and raises the price target from $6 to $8.
The raised price target from $6 to $8 by Barclays suggests a positive outlook for Under Armour, which could lead to a short-term increase in stock price. However, the Equal-Weight rating indicates a neutral stance, balancing the impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100