TD Cowen raised the firm’s price target on Under Armour to $7 from $6 and keeps a Hold rating on the shares. The firm said the transformation under Kevin Plank s return to leadership is in the early innings but the focus on full price selling and less SKUs along with new DTC formats is moving the business in the right direction.
Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on UA:
- Under Armour raises FY25 adjusted EPS view to 19c-22c from 18c-21c
- Under Armour reports Q1 adjusted EPS 1c, consensus (8c)
- UNDER ARMOUR REPORTS FIRST QUARTER 2025 RESULTS; UPDATES FISCAL 2025 OUTLOOK
- Notable companies reporting before tomorrow’s open
- Under Armour Executive Shifts and Strategic Brand Acquisition