Under Armour (UA) Receives a Hold from Needham

By Ryan Adsit

In a report released today, Rick Patel from Needham maintained a Hold rating on Under Armour (UAResearch Report). The company’s shares closed last Monday at $17.75.

According to TipRanks.com, Patel has 0 stars on 0-5 star ranking scale with an average return of -7.4% and a 40.9% success rate. Patel covers the Services sector, focusing on stocks such as Capri Holdings Limited, Designer Brands Inc, and Stitch Fix Inc.

Currently, the analyst consensus on Under Armour is a Hold with an average price target of $24.56.

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The company has a one-year high of $24.55 and a one-year low of $15.05. Currently, Under Armour has an average volume of 2.03M.

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Under Armour, Inc. engages in the development, marketing, and distribution of branded performance apparel, footwear, and accessories for men, women, and youth. It operates through the following segments: North America, EMEA, Asia-Pacific, Latin America, and Connected Fitness. The North America segment comprises of U.S. and Canada.