DA Davidson Downgrades Under Armour, Inc. (UAA) to Neutral

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Go back to DA Davidson Downgrades Under Armour, Inc. (UAA) to Neutral

Under Armour, Inc. (UAA) PT Slashed to $9 at Bernstein

November 1, 2017 8:45 AM EDT

Bernstein analyst Jamie Merriman lowered its price target on Under Armour, Inc. (NYSE: UAA) to $9.00 (from $14.00) while maintaining a Underperform rating.

Merriman said despite the sell-off shares are still expensive with low visibility. The firm lowered their adjusted EPS estimates to $0.19 and $0.22 in 2017 and 2018,... More