Under Armour (UA) to Settle Class Action Lawsuit

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Go back to Under Armour (UA) to Settle Class Action Lawsuit

Citi Reiterates Neutral Rating on Under Armour, Inc. (UAA)

June 25, 2024 7:23 AM EDT

Citi analyst Paul Lejuez reiterated a Neutral rating and $7.00 price target on Under Armour, Inc. (NYSE: UAA).

The analyst comments "UAA announced a settlement of $434M in a class-action civil securities lawsuit, significantly more than what we were expecting and what the company... More

Under Armour, Inc. (UAA) PT Lowered to $9 at Stifel

June 24, 2024 5:13 AM EDT

Stifel analyst Jim Duffy lowered the price target on Under Armour, Inc. (NYSE: UAA) to $9.00 (from $10.00) while maintaining a Buy rating.

The analyst comments "UAA announced a $434mn legal settlement relating to the 2017 allegations around misrepresentation of consumer demand for the brand. This... More