Stifel Nicolaus Sticks to Its Buy Rating for Under Armour (UAA)
Stifel Nicolaus analyst Peter McGoldrick maintained a Buy rating on Under Armour today and set a price target of $9.00.
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McGoldrick covers the Consumer Cyclical sector, focusing on stocks such as Fox Factory Holding, Crocs, and Under Armour. According to TipRanks, McGoldrick has an average return of -8.2% and a 18.18% success rate on recommended stocks.
In addition to Stifel Nicolaus, Under Armour also received a Buy from UBS’s Jay Sole in a report issued today. However, on the same day, J.P. Morgan maintained a Sell 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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