Citi analyst Paul Lejuez lowered the firm’s price target on Under Armour (UA) (UAA) to $5.50 from $6 and keeps a Neutral rating on the shares post the fiscal Q1 report. The company’s Q2 guidance indicates it faces challenges in the current macro environment, the analyst tells investors in a research note. Citi believes Under Armour’s market share losses can continue into the summer of 2026.
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