Information Provided By:
Fly News Breaks for January 26, 2016
UA
Jan 26, 2016 | 06:45 EDT
Deutsche Bank analyst Dave Weiner lowered his price target for Under Armour to $95 ahead of the company's Q4 results on Thursday. The analyst believes discounting was likely worse than expected in Q4 given Under Armour's exposure to cold weather product, but he believes this is well known with the stock down 25% since the Q3 earnings report. Investors will likely "overlook less than stellar" Q4 results so long as management reiterates their 2016 plan, Weiner tells investors in a research note. He keeps a Buy rating on Under Armour.
News For UA From the Last 2 Days
There are no results for your query UA