Citi Cuts Under Armour (UA) to Hold Following Q2 Results
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Price: $5.25 +0.19%
Rating Summary:
14 Buy, 24 Hold, 5 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
14 Buy, 24 Hold, 5 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Shares of Under Armour, Inc. (NYSE: UA) are edging lower in intraday trade as an analyst at Citi just downgraded the stock from Buy to Hold. The firm boosted its price target on UA shares from $78 to $80.
The downgrade follows Q2 results and raised FY11 guidance from Under Armour this morning.
The stock last traded at $75.42, down 4 percent from Monday's closing price.
For more ratings news on Under Armour, Inc. click here and for the rating history of Under Armour, Inc. click here.
The downgrade follows Q2 results and raised FY11 guidance from Under Armour this morning.
The stock last traded at $75.42, down 4 percent from Monday's closing price.
For more ratings news on Under Armour, Inc. click here and for the rating history of Under Armour, Inc. click here.
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