JPMorgan analyst Matthew Boss lowered the firm’s price target on Under Armour (UA) (UAA) to $6 from $7 and keeps an Underweight rating on the shares. The company reported an in-line fiscal Q4 with a “mixed” fiscal 2026 outlook, the analyst tells investors in a research note. The firm says Under Armour offered guidance solely for Q1, citing uncertainty surrounding evolving trade policies and the macroeconomic environment. Turnarounds take time, adds JPMorgan.
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