Analysts Offer Insights on Consumer Cyclical Companies: MIPS AB (OtherMPZAF) and Under Armour (UAA)
Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on MIPS AB (MPZAF – Research Report) and Under Armour (UAA – Research Report).
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MIPS AB (MPZAF)
In a report released today, Adela Dashian from Jefferies maintained a Buy rating on MIPS AB, with a price target of SEK540.00. The company’s shares closed last Wednesday at $44.60.
According to TipRanks.com, Dashian is ranked #3391 out of 12109 analysts.
Currently, the analyst consensus on MIPS AB is a Moderate Buy with an average price target of $60.86, representing a 36.5% upside. In a report issued on January 28, TipRanks – OpenAI also upgraded the stock to Buy with a SEK332.00 price target.
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Under Armour (UAA)
In a report issued on February 9, Michael Binetti from Evercore ISI maintained a Sell rating on Under Armour, with a price target of $4.00. The company’s shares closed last Tuesday at $7.09, close to its 52-week low of $6.17.
According to TipRanks.com, Binetti is a 4-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Under Armour with a $7.23 average price target, which is a -2.8% downside from current levels. In a report released yesterday, Citi also downgraded the stock to Sell with a $6.20 price target.
