Under Armour profit to take hit from higher costs, China curbs; shares tank

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Go back to Under Armour profit to take hit from higher costs, China curbs; shares tank

Under Armour, Inc. (UAA) PT Lowered to $20 at Wells Fargo

May 6, 2022 12:30 PM EDT

Wells Fargo analyst Kate Fitzsimons lowered the price target on Under Armour, Inc. (NYSE: UAA) to $20.00 (from $28.00) while maintaining a Overweight rating following earnings.

The analyst commented, "UAA's stub Q miss (adj EPS loss of $0.01 vs. $0.02-$0.03 guide), below consensus 1Q outlook, and... More