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Under Armour Ripe For A Breakout: Vetr

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Shares of Under Armour Inc (NYSE: UA) have been volatile, yet pretty much range-bound over the past month. However, the Vetr crowd seems to believe the stock is ripe for a breakout, as evidenced by its average price target of $42.22, which implies a potential return of roughly 10.5 percent from current valuations.

Related Link: Here's How Crowdsourced Ratings Can Beat The Market

Seeking to better reflect the aforementioned upside potential, the Vetr community upgraded its rating on shares of Under Armour on Tuesday, from 4.0 Stars (Buy) to 4.5 Stars (Strong Buy) – out of a possible 5 Stars rating.

It should be noted that, pretty much in accordance with the current score and price target, 100 percent of the crowd’s ratings are bullish.

Latest Ratings for UA

DateFirmActionFromTo
Jan 2017CLSAInitiates Coverage OnBuy
Nov 2016Stifel NicolausMaintainsHold
Oct 2016MizuhoDowngradesBuyNeutral

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Posted-In: VetrUpgrades Price Target Crowdsourcing Analyst Ratings General

 

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