Uaa stock forecast under Armour faces inventory challenges
Under Armour faces inventory challenges but shows potential upside if North American sales rebound. Institutional buying trends have been mildly positive, signaling cautious optimism. Closing at $6.35 in yesterday’s trading session, the stock stands almost 46.6% below its 52-week high of $11.89. UAA is trading below its 50 and 200-day simple moving averages of $7.25 and $7.95, respectively, signaling bearish sentiment in maintaining the recent performance levels. To regain access, please make sure that cookies and JavaScript are enabled before reloading the page. Credit Suisse notes that UAA’s innovation pipeline could drive incremental demand in niche performance categories. Forecasts show EPS upside potential by late
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