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Under Armour (UAA) Gets a Hold from Telsey Advisory

Tipranks - Tipranks - Wed May 13, 10:20AM CDT

In a report released today, Joe Feldman from Telsey Advisory maintained a Hold rating on Under Armour, with a price target of $6.00.

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Feldman covers the Consumer Cyclical sector, focusing on stocks such as Floor & Decor Holdings, Dick’s Sporting Goods, and Dutch Bros Inc. According to TipRanks, Feldman has an average return of 3.2% and a 49.39% success rate on recommended stocks.

Currently, the analyst consensus on Under Armour is a Moderate Buy with an average price target of $9.00.

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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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