Market Overview

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

Share:
Related
UBS: Shift From Performance To Sportswear A Dominant Theme In Athleisure
Puma Takes Over NBA Draft Conversation With Basketball Footwear Push
Under Armour: Relative Valuation And Doubts (Seeking Alpha)
Related UA
20 Stocks Moving In Wednesday's Pre-Market Session
Analyst: Under Armour Offers 'One Of The Strongest Absolute Return Opportunities'

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
Jun 2018UBSInitiates Coverage OnNeutral
Jun 2018KeyBancMaintainsOverweightOverweight
Jun 2018Stifel NicolausMaintainsBuyBuy

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!