Under Armour (UAA) Receives a Hold from Telsey Advisory
Telsey Advisory analyst Jason Strominger maintained a Hold rating on Under Armour today and set a price target of $5.00.
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According to TipRanks, Strominger is an analyst with an average return of -7.2% and a 27.91% success rate. Strominger covers the Consumer Cyclical sector, focusing on stocks such as Ulta Beauty, Abercrombie Fitch, and Tapestry.
In addition to Telsey Advisory, Under Armour also received a Hold from Citi’s Paul Lejuez in a report issued on October 21. However, on November 2, Williams Trading maintained a Buy rating on Under Armour (NYSE: UAA).
Based on Under Armour’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $1.13 billion and a GAAP net loss of $2.61 million. In comparison, last year the company earned a revenue of $1.18 billion and had a GAAP net loss of $305.43 million
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