Under Armour (UAA) Sacked on Yet Another Downgrade to 'Sell'
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Macquarie Downgrades Under Armour, Inc. (UAA) to Underperform
January 16, 2018 5:37 AM ESTMacquarie downgraded Under Armour, Inc. (NYSE: UAA) from Neutral to Underperform with a price target of $8.00 (from $10.00).
Analyst Larent Vasilescu cites the following three tenets for the downgrade:
We are lowering FY18 EBIT to $25MM from $85MM based on revenue,... More