Barclays Sticks to Their Hold Rating for Under Armour (UAA)
In a report released today, Adrienne Yih from Barclays maintained a Hold rating on Under Armour, with a price target of $5.00.
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Yih covers the Consumer Cyclical sector, focusing on stocks such as Ulta Beauty, Tapestry, and VF. According to TipRanks, Yih has an average return of 6.9% and a 50.91% success rate on recommended stocks.
In addition to Barclays, Under Armour also received a Hold from Robert W. Baird’s Jonathan Komp in a report issued on November 7. However, on the same day, Evercore ISI 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
Read More on UAA:
Disclaimer & DisclosureReport an Issue
- Under Armour Faces Challenges Amidst Intensifying Competition and Rising Tariffs, Analyst Maintains Hold Rating
- Under Armour’s Positive Momentum: Buy Rating Affirmed Amid Strong Q2 Results and Strategic Brand Positioning
- Under Armour price target lowered to $4 from $5 at Evercore ISI
- Under Armour price target lowered to $5.50 from $6 at Baird
- Under Armour price target raised to $8 from $7.50 at UBS
