Under Armour Slips on Analyst Caution

Investing.com – Under Armour struggled Monday after a lukewarm analyst initiation.

Shares of the athletic apparel maker fell 3.7% in midday trading.

J.P. Morgan started coverage on the stock with a neutral rating.

Analyst Matthew Boss sees fourth-quarter sales growth of 4.7% and full-year sales growth of 3.8%, both below consensus.

Shares are down 8% over the past year.

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