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

Get Alerts UAA Hot Sheet
Price: $10.09 +3.49%
Rating Summary:
17 Buy, 21 Hold, 2 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 14 | Down: 20 | New: 12
Rating Summary:
17 Buy, 21 Hold, 2 Sell
Rating Trend:

Today's Overall Ratings:
Up: 14 | Down: 20 | New: 12
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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.
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