Mizuho Securities Downgrades Under Armour, Inc. (UA) to Neutral Citing Structural Margin Challenges

UPDATE: Cowen Downgrades Under Armour, Inc. (UA) to Market Perform

(Updated - October 26, 2016 7:56 AM EDT)

Cowen downgraded Under Armour, Inc. (NYSE: UA) from Outperform to Market Perform with a price target of $35.00 (from $46.00). The change follows the release of Q3 results and long-term guidance.

Analyst John Kernan said, "UA's margin contraction into 2018... More

Deutsche Bank Downgrades Under Armour, Inc. (UA) to Hold

Deutsche Bank downgraded Under Armour, Inc. (NYSE: UA) from Buy to Hold with a price target of $32.00 (from $50.00). The change follows updated long term guidance.

"After providing 3Y CAGR plans at its Sept. 15 Investor Day of 25% revs./23% EBIT, mgmt. yesterday reduced 2017/18 rev. growth to low... More

Telsey Downgrades Under Armour, Inc. (UA) to Market Perform

Telsey downgraded Under Armour, Inc. (NYSE: UA) from Outperform to Market Perform with a price target of $35.00 (from $49.00).

For an analyst ratings summary and ratings history on Under Armour, Inc. click here. For more ratings news on Under Armour, Inc. click here.

Shares of Under Armour, Inc. closed at $32.89 yesterday.

FBR Capital Sees Under Armour (UA) Sell-Off as Buying Opportunity

FBR Capital analyst Susan Anderson reiterated an Outperform rating and $39 price target on Under Armour, Inc. (NYSE: UA) following Q3 results and the sell-off in the stock. The analyst said the lowered profit guidance provides a buying opportunity.

Anderson commented, "UA posted 3Q16 EPS of $0.29, above FBR/consensus of $0.26/$0.25, driven by +22% top-line growth, vs. FBR/consensus of... More

Under Armour's (UA) 'Overweight' Maintained at Piper Jaffray Despite Long-Term Guidance

Piper Jaffray maintained an Overweight rating on Under Armour, Inc. (NYSE: UA) with a price target of $41.00 (from $44.00). Shares declined after the company reported Q3 results and offered long-term guidance. Despite being "blindsided" by the update, analyst Erinn E. Murphy remains a "buyer" of the stock.

Murphy explained, "Clearly we and the Street were blindsided by mgmt's update to its... More

Under Armour (UA) Offers Q4, Medium-Term Guidance

Under Armour (NYSE: UA) sees Q4 revenue up about 20 percent, gross margin relatively unchanged, and operating income in the range of $186 - $191 million. Revenue is expected to be up 20 percent, versus consensus expectations of 22 percent growth.

The company is targeting revenue growth... More

Under Armour (UA) Tops Q3 EPS by 4c; Reaffirms FY16 Outlook

Under Armour (NYSE: UA) reported Q3 EPS of $0.29, $0.04 better than the analyst estimate of $0.25. Revenue for the quarter came in at $1.47 billion versus the consensus estimate of $1.46 billion.

Gross margin for the third quarter of 2016 was 47.5% compared with 48.8% in the prior year's period,... More