Vetr Thinks Under Armour's Future Is Bright
The Vetr community is very bullish on Under Armour Inc (NYSE: UA). Although charts may say the value of the athletic wear company’s shares have fallen 46.86 percent year-to-date, it simply split shares in early April and didn't hurt investors nearly as much money as perceived. The Vetr and professional analysts both like Under Armour's chances going forward.
Vetr members have given Under Armour a Hold rating and a $44.06 price target. This price target greatly pales in comparison to the $69.60 price target given by professional analysts in the market.
Of all the Vetr raters, 72.7 percent think that traders and investors should go in on Under Armour, while 18.2 percent think that traders and investors should sell the stock.
See Vetr’s full analysis on Under Armour here.
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