Under Armour Ripe For A Breakout: Vetr

Shares of Under Armour Inc 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.