Morgan Stanley Upgrades Skechers USA (SKX) to Overweight

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UBS on Under Armour, Inc. (UAA): 'Our channel checks suggest UAA’s fundamentals remain pressured'

July 23, 2024 6:51 AM EDT

UBS analyst Jay Sole reiterated a Buy rating and $11.00 price target on Under Armour, Inc. (NYSE: UAA)

The analyst comments "Our channel checks suggest UAAs fundamentals remain pressured. However, we think sell-side estimates largely reflect these weaker trends and therefore expect an... More

Morgan Stanley Downgrades Under Armour, Inc. (UAA) to Underweight

July 23, 2024 5:14 AM EDT

Morgan Stanley analyst Alex Straton downgraded Under Armour, Inc. (NYSE: UAA) from Equalweight to Underweight with a price target of $4.00.

The analyst comments "We downgrade UAA to Underweight with a $4 price target (~40% downside) on 1) negative indicators in our proprietary work (2024 global sportswear survey & channel... More

Skechers USA (SKX) PT Raised to $79 at TD Cowen

July 22, 2024 8:51 AM EDT

TD Cowen analyst John Kernan raised the price target on Skechers USA (NYSE: SKX) to $79.00 (from $77.00) while maintaining a Buy rating.

The analyst commented, "SKX innovation cycle is gaining momentum through the breadth of its comfort tech at a value price point against a... More