UNDER ARMOUR ANNOUNCES LEADERSHIP TRANSITION

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Evercore ISI Downgrades Under Armour, Inc. (UAA) to Underperform, 'Founder's Return Suggests Turn Isn't Progressing'

March 14, 2024 6:09 AM EDT

Evercore ISI analyst Michael Binetti downgraded Under Armour, Inc. (NYSE: UAA) from In Line to Underperform with a price target of $7.00 (from $8.00).

The analyst comments "Downgrade UAA to Underperform from In Line: Last night, UAA announced that founder Kevin Plank will return as... More