Under Armour (UAA) has been downgraded to neutral from overweight by JPMorgan. Jeff Pierce joins Alex Coffey and Jenny Horne to discuss UAA. He talks about how JPMorgan notes that UAA's overhang created lower-than-expected elevated promotional environment and its inventory overhang needs to be worked through. JPMorgan also lowered UAA's price target lowered to $10 from $13. UAA hit a 52-week high of $18.18 on March 29, 2022. Tune in to find out more about UAA and the stock market today.
Next Gen Investing
13 Mar 2023
SHARE
Morning Trade Live
08 Jan 2024
Next Gen Investing
12 Mar 2024
Morning Trade Live
22 Feb 2024
Fast Market
16 Jan 2024
Next Gen Investing
18 Dec 2023
Trading 360
13 Feb 2024