Under Armour, Inc. (UAA) PT Raised to $17 at Susquehanna; 'Short-Term Gains Won't Offset Long-Term Pains'

July 7, 2017 5:44 AM EDT
Get Alerts UAA Hot Sheet
Price: $10.09 +3.49%

Rating Summary:
    17 Buy, 21 Hold, 2 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 14 | Down: 20 | New: 12
Trade Now! 
Join SI Premium – FREE

Get inside Wall Street with StreetInsider Premium. Claim your 1-week free trial here.

Susquehanna raised its price target on Under Armour, Inc. (NYSE: UAA) to $17.00 (from $14.00) while maintaining a Negative rating, as the company announces the signing of a fashion influencer.

Analyst Sam Poser notes a positive outlook following the management's announcement that it will sign A$AP Rocky, currently dating Kendall Jenner, as a celebrity influencer, becoming the face of the company's lifestyle initiative, despite continued struggles with poor product segmentation within volume distribution channels.

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In

Related Categories

Analyst Comments, Analyst EPS Change, Analyst EPS View, Analyst PT Change

Related Entities

Susquehanna International Group of Companies, Sam Poser