Barclays lowered the firm’s price target on Under Armour (UA) (UAA) to $5 from $8 and keeps an Equal Weight rating on the shares. The company reported a fiscal Q4 earnings miss and its fiscal 2027 outlook is below consensus, the analyst tells investors in a research note. Barclays believes a challenging macro backdrop is pressuring Under Armour’s turnaround efforts.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on UAA: