Deutsche Bank Downgrades Under Armour, Inc. (UA) to Hold
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Mizuho Securities Downgrades Under Armour, Inc. (UA) to Neutral Citing Structural Margin Challenges
October 26, 2016 7:38 AM EDTMizuho Securities downgraded Under Armour, Inc. (NYSE: UA) from Buy to Neutral with a price target of $32.00 (from $52.00), citing structural margin challenges.
Analyst Betty Chen commented, "We are downgrading UA to Neutral and lowering our estimates and PT to $32 to reflect unexpected... More
UPDATE: Cowen Downgrades Under Armour, Inc. (UA) to Market Perform
October 26, 2016 6:55 AM EDT(Updated - October 26, 2016 7:56 AM EDT)
Cowen downgraded Under Armour, Inc. (NYSE: UA) from Outperform to Market Perform with a price target of $35.00 (from $46.00). The change follows the release of Q3 results and long-term guidance.
Analyst John Kernan said, "UA's margin contraction into 2018... More
