Market Overview

Vetr Issues Hold On Under Armour Following A Short-Lived Analyst Bump

Share:
Related
New Names, Old Classics Among Short Sellers' Top Stocks
Benzinga's Bulls & Bears Of The Week: Bristol-Myers, GE, Target, Under Armour And More
The Vetr community has upgraded $UAA to 4.5-Stars. (Vetr)
Related UA
Vetr Crowd And Analysts Bearish On Under Armour
Vetr Crowd Downgrades Under Armour
Lululemon Athletica, Inc.: Look For This Stock To Make New Record Highs Despite The CEO Stepping Down (Seeking Alpha)

The Vetr crowd on Thursday upgraded its rating on Under Armour Inc (NYSE: UAA) (NYSE: UA) from the stock's previous rating of 2.5 stars (Sell), issued three days ago, to 3 stars (Hold). Crowd sentiment at the time of the upgrade was mostly positive, with 80 percent of Ver user ratings bullish.

Share price in Under Armour received a slight boost at the start of the final week of September after receiving an upgrade from "Sector Weight" to "Overweight" from analysts with Key Bancorp. However, the nearly 3.5 percent price gain the stock received quickly receded back below the $16.50 by the middle of the week. Under Armour was priced at around $16.45 by 3 p.m. ET of Thursday's trading day.

See how crowdourced ratings could help you time the market.

Currently, the Vetr crowd's average price target on Under Armour is down at $16, which is well below the average analyst price target of $27.92. Less than 2 percent of Vetr users are holding UAA in their watch-lists.

Latest Ratings for UAA

DateFirmActionFromTo
Jan 2018MacquarieDowngradesNeutralUnderperform
Jan 2018SusquehannaDowngradesNeutralNegative
Jan 2018BuckinghamInitiates Coverage OnNeutral

View More Analyst Ratings for UAA
View the Latest Analyst Ratings

Posted-In: under armour VetrUpgrades Price Target Crowdsourcing Markets Analyst Ratings General

 

Related Articles (UA + UAA)

View Comments and Join the Discussion!