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Nike In The '80s Vs. Under Armour Today: 4 Takeaways

Jim Swanson

Under Armour Inc (NYSE: UA) (NYSE: UAA) seems to be in the early stages of its first-ever “speed bump” and there are concerns around the company’s ability to return to top-line growth in excess of 20 percent, Wells Fargo’s Tom Nikic said in a report.

While maintaining a Market Weight rating on Under Armour with a valuation range of $16–$18, Nikic mentioned four takeaways from Nike Inc's (NYSE: NKE) when the company stumbled for the first time in the 1980s.

Key Takeaways

Related Link: Under Armour: The Company Is More Exciting Than The Stock

Related Link: We Must Protect This House: Kohl's Hoping Under Armour Launch Will Offset Mounting Headwinds

Latest Ratings for UAA

Date Firm Action From To
Feb 2017 Nomura Downgrades Neutral Reduce
Feb 2017 Susquehanna Downgrades Neutral Negative
Feb 2017 Morgan Stanley Upgrades Underweight Equal-Weight

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