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Under Armour (UAA) Receives a Hold from Goldman Sachs

Tipranks - Tue Feb 10, 6:58AM CST

Goldman Sachs analyst Brooke Roach maintained a Hold rating on Under Armour today and set a price target of $7.00.

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According to TipRanks, Roach is a 4-star analyst with an average return of 4.8% and a 54.62% success rate. Roach covers the Consumer Cyclical sector, focusing on stocks such as Tapestry, Gap Inc, and Lululemon Athletica.

In addition to Goldman Sachs, Under Armour also received a Hold from Robert W. Baird’s Jonathan Komp in a report issued today. However, on the same day, UBS reiterated a Buy rating on Under Armour (NYSE: UAA).

Based on Under Armour’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.33 billion and a GAAP net loss of $430.83 million. In comparison, last year the company earned a revenue of $1.4 billion and had a net profit of $1.23 million

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