Morgan Stanley Upgrades Under Armour to Equal-Weight

Brokerage firm Morgan Stanley Upgrades its rating on Under Armour(UAA). The shares have been rated Equal-Weight. Previously, the analysts had a Underweight rating on the shares. The rating by the stock financial advisor at Morgan Stanley was issued on Feb 14, 2017 in a research report to their Investors and Clients.

In a different note, On Feb 1, 2017, B. Riley said it Downgrades its rating on Under Armour. The shares have been rated ‘Neutral’ by the firm. On Feb 1, 2017, Buckingham said it Downgrades its rating on Under Armour. The shares have been rated ‘Underperform’ by the firm. On Feb 1, 2017, FBR Capital said it Downgrades its rating on Under Armour. The shares have been rated ‘Market Perform’ by the firm. On Feb 1, 2017, Evercore ISI Group said it Downgrades its rating on Under Armour. The shares have been rated ‘Hold’ by the firm.

Under Armour (UAA) made into the market gainers list on Wednesdays trading session with the shares advancing 0.41% or 0.09 points. Due to strong positive momentum, the stock ended at $21.87, which is also near the day’s high of $22.34. The stock began the session at $22 and the volume stood at 41,86,038 shares. The 52-week high of the shares is $47.945 and the 52 week low is $20.44. The company has a current market capitalization of $9,582 M and it has 43,81,52,650 shares in outstanding.

Add Comment