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.
13 Mar 2023
The Watch List
13 Jan 2023
Morning Trade Live
07 Mar 2023
Next Gen Investing
20 Mar 2023
The Watch List
10 Jan 2023
Morning Trade Live
21 Mar 2023
Morning Trade Live
28 Feb 2023