Under Armour Updates 2016 Outlook
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall St rebounds with broad gains as oil slides sharply
- Brent hits lowest since before start of Iran war as more tankers exit Hormuz, easing supply
- All eyes on Micron earnings tonight as sell-off raises stakes for AI memory trade
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- JPMorgan raises S&P 500 target to 7,800, says earnings revision ’unprecedented’
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
Sterne Agee CRT Remains Bullish on Under Armour (UA) Following Updated Guidance
June 1, 2016 8:20 AM EDTSterne Agee CRT maintained a Buy rating and $60.00 price target on Under Armour, Inc. (NYSE: UA) as guidance is lowered to reflect TSA bankruptcy. EBIT guidance was reduced from $503M-$507M to $440M-$445M. However, despite the lowered guidance, UA remains a top pick for long-term growth... More
Jefferies Cuts Price Target on Under Armour (UA) to $42; Reiterates Hold
June 1, 2016 7:37 AM EDTJefferies maintained a Hold rating on Under Armour, Inc. (NYSE: UA), and cut the price target to $42.00 (from $45.00). UA lowered its 2016 sales and op income outlook, given Sports Authority's move to liquidate instead of restructure. 2016 revenue from Sports Authority is now expected to be... More
Under Armour (UA) Guidance Cut on Sports Authority Disappearing - FBR
June 1, 2016 6:45 AM EDTFBR Capital analyst, Susan Anderson, noted that after the market closed, Under Armour, Inc. (NYSE: UA) announced that it is revising its previously issued outlook for 2Q16/2016 due to bankruptcy proceedings of The Sports Authority (TSA). It was not expected that... More
