Barclays Reaffirms Their Hold Rating on 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 Deckers Outdoor. According to TipRanks, Yih has an average return of 6.1% and a 51.91% success rate on recommended stocks.
In addition to Barclays, Under Armour also received a Hold from Truist Financial’s Joseph Civello in a report issued yesterday. However, on November 14, Stifel Nicolaus 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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