Under Armour (UAA) was downgraded to a Sell Rating at J.P. Morgan

Under Armour (UAA – Research Report) received a Sell rating and a $6.00 price target from J.P. Morgan analyst Matthew Boss today. The company’s shares opened today at $6.25.

Boss covers the Consumer Cyclical sector, focusing on stocks such as American Eagle, Topgolf Callaway Brands, and Nike. According to TipRanks, Boss has an average return of 0.7% and a 49.19% success rate on recommended stocks.

In addition to J.P. Morgan, Under Armour also received a Sell from Evercore ISI’s Michael Binetti in a report issued on May 14. However, today, Telsey Advisory maintained a Hold rating on Under Armour (NYSE: UAA).

The company has a one-year high of $9.50 and a one-year low of $6.29. Currently, Under Armour has an average volume of 6.39M.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Under Armour (UAA) Company Description:

Under Armour develops, markets, and distributes athletic apparel, footwear, and accessories in North America and other territories. Consumers of its apparel include professional and amateur athletes, sponsored college and professional teams, and people with active lifestyles. The company sells merchandise through wholesale and direct-to-consumer channels, including e-commerce and nearly 400 total factory house and brand house stores. Under Armour also operates digital fitness apps with more than 200 million users. The Baltimore-based company was founded in 1996.