Under Armour Downgraded By Vetr To 4 Stars


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Under Armour Inc. (NYSE:UAA) has traded down 8 percent since reaching a monthly high on June 15, and the Vetr community has downgraded the stock from 4.5 to 4 stars.

Under Armour athletes such as Steph Curry and Jordan Spieth have had the company in the public eye the past few months, and the apparel company recently signed NBA draftee Josh Jackson to an endorsement deal, which will help with exposure in the southern United States.

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See how crowdsourced ratings can help predict the market?

Vetr members have given Under Armour a Buy rating and a $23.24 price target. This price target is lower than the $27.92 price target from Wall Street analysts. The company enters Monday's open around $21.

Of all Vetr raters, 57.9 percent believe traders and investors should sell Ubiquiti stock.

For Vetr’s full analysis of Under Armour, go here.


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Posted In: DowngradesCrowdsourcingAnalyst RatingsGeneralVetr