Somewhat Positive Press Coverage Somewhat Unlikely to Affect Under Armour (UAA) Share Price
News coverage about Under Armour (NYSE:UAA) has trended somewhat positive on Sunday, according to Accern. The research firm identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Under Armour earned a media sentiment score of 0.07 on Accern’s scale. Accern also gave media coverage about the company an impact score of 48.1428632766501 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the news headlines that may have impacted Accern Sentiment’s scoring:
- Under Armour (UAA) Cut to Buy at Vetr (americanbankingnews.com)
- Benzinga’s Bulls & Bears Of The Week: Bristol-Myers, GE, Target, Under Armour And More – Benzinga (benzinga.com)
- Zacks: Brokerages Expect Under Armour Inc (UAA) Will Announce Quarterly Sales of $1.12 Billion (americanbankingnews.com)
- Under Armour’s (UAA) “Neutral” Rating Reaffirmed at Citigroup (americanbankingnews.com)
- FY2018 Earnings Estimate for Under Armour Inc (UAA) Issued By Wedbush (americanbankingnews.com)
UAA has been the subject of several research analyst reports. Zacks Investment Research raised shares of Under Armour from a “sell” rating to a “hold” rating in a research note on Saturday, January 6th. Vetr downgraded shares of Under Armour from a “sell” rating to a “strong sell” rating and set a $12.00 price target for the company. in a research note on Monday, December 11th. Citigroup decreased their price target on shares of Under Armour from $16.00 to $15.00 and set a “neutral” rating for the company in a research note on Monday, February 5th. UBS Group downgraded shares of Under Armour to a “neutral” rating in a research note on Tuesday, January 9th. Finally, Deutsche Bank decreased their price target on shares of Under Armour from $16.00 to $14.00 and set a “sell” rating for the company in a research note on Thursday, October 26th. Nineteen investment analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and four have given a buy rating to the stock. Under Armour presently has a consensus rating of “Hold” and an average price target of $14.71.
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About Under Armour
Under Armour, Inc is engaged in the development, marketing and distribution of branded performance apparel, footwear and accessories for men, women and youth. The Company’s segments include North America, consisting of the United States and Canada; Europe, the Middle East and Africa (EMEA); Asia-Pacific; Latin America, and Connected Fitness.
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