Goldman Sachs Sticks to Their Hold Rating for Under Armour (UAA)
In a report released today, from Goldman Sachs maintained a Hold rating on Under Armour, with a price target of $5.50.
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In addition to Goldman Sachs, Under Armour also received a Hold from TipRanks – Anthropic’s Anthropic Apparel – Manufacturers in a report issued yesterday. However, on the same day, Stifel Nicolaus reiterated a Buy rating on Under Armour (NYSE: UAA).
Based on Under Armour’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $1.33 billion and a GAAP net loss of $18.81 million. In comparison, last year the company earned a revenue of $1.4 billion and had a net profit of $170.38 million
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