Tuesday, July 23, 2019

Under Armour bear raises price target but still recommends selling

One of Under Armour Inc.’s biggest skeptics on Wall Street rose his price target for the sportswear maker by $3 but still recommends selling the stock. Sam Poser of Susquehanna International Group LLP raised his price target for Baltimore-based Under Armour to $16. In an interview he said he reevaluated the stock and said he was “too aggressive on the downside.” Poser has been highly critical of Under Armour the last few years as the company has worked to gets inventory under control and improve…



from https://www.bizjournals.com/baltimore/news/2019/07/23/under-armour-bear-raises-price-target-but-still.html?ana=RSS&s=article_search
via https://baltimorecheckbook.tumblr.com/post/186498899517

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