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Friday, April 19, 2024

Vetr Crowd Downgrades Under Armour

Courtesy of Benzinga.

The Vetr community on Tuesday downgraded shares of Under Armour, Inc. Class C shares (NYSE: UA) from 3 stars (Hold) to 2 stars (Sell). Crowd sentiment on the stock today was split, with 50 percent of users giving the stock a Buy rating and 50 percent a Sell.

See how crowdsourced ratings could help you time the market.

Under Armour Class C shares closed Wednesday at $14.71. The Vetr crowd is bearish on the stock in the long run, with an aggregated price target of $13.21 implying a 10.2 percent projected downside.

Analyst outlook was strongly bearish as well. Among analysts, the 12-month consensus price target on the stock is at $12, implying a strong projected downside.

Posted-In: VetrDowngrades Analyst Ratings

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