Baird downgrades Deckers, Crocs, flags Under Armour as new trading idea [Yahoo! Finance]
Under Armour, Inc. Class C (UA)
Last under armour, inc. class c earnings: 2/11 06:55 am
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Source: Yahoo! Finance
Under Armour Inc A (NYSE:UAA) as a short-term trading idea which has a higher-beta opportunity. Deckers and Crocs were both downgraded after strong rebounds since mid-November, with Deckers up about 35% and Crocs up roughly 20%. Baird said each stock now offers less than 20% upside to its price target, lowering confidence in further gains over the next few quarters. Baird kept a positive view on the sector overall, despite sharp underperformance in 2025. Branded names in its coverage fell an average of 13% last year, trailing the S&P 1500, as valuation compression more than offset earnings growth. The firm expects earnings momentum to improve as 2026 progresses, helped by easier comparisons, tax refund tailwinds supporting early-year spending and margin improvement as pricing and tariff mitigation actions take hold, particularly in the second half. Under Armour was named a Bullish Fresh Pick through the end of May, despite retaining a neutral rating longer term. Baird said t
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