Under Armour slides to new low after BAML cut [Seeking Alpha]
Under Armour, Inc. Class C (UA)
Last under armour, inc. class c earnings: 2/11 06:55 am
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Source: Seeking Alpha
Under Armour slides to new low after BAML cutUnder Armour (UA,UAA) trades weak again after taking on a downgrade from Bank of America Merrill Lynch.The firm's cautious stance, which relies on point-of-sale data, hammers on the continued weakness in the North America athletic footwear sector and broad apparel retail industry.BAML's price target of $12 on Under Armour reps 25% downside potential.Source: BloombergUAA-3.18% premarket to $15.53 (52-week low).See all stocks on the move »
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