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J.P. Morgan Keeps Their Sell Rating on Under Armour (UAA)

Tipranks - Tipranks - Sat Feb 7, 11:30AM CST

In a report released today, Matthew Boss from J.P. Morgan maintained a Sell rating on Under Armour, with a price target of $5.00.

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Boss covers the Consumer Cyclical sector, focusing on stocks such as Tapestry, Boot Barn, and Lululemon Athletica. According to TipRanks, Boss has an average return of 7.4% and a 57.03% success rate on recommended stocks.

Currently, the analyst consensus on Under Armour is a Hold with an average price target of $5.98.

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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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