Stifel Nicolaus maintains a Hold raing and $19 price target on UA. The firm sees valuation on the apparel stock still too stretched to bring in a wave of buyers.
Susquehanna sticks with a Negative rating on Under Armour, saying the Q1 print confirmed its thesis. In a dramatic spin of words, analyst Sam Poser writes that the UA brand is "fraught with danger."
FBR Capital warns that the Under Armour sales forecast is too aggressive.
Evercore: "Footwear growth of just 2% after 36% growth in 4Q and 50%+ in the last couple of years suggests wholesale orders & shipments are catching up with weak sell-through at retail."
GlobalData: "A step up in competition from players, including Nike and Lululemon, is one of the reasons for Under Armour's slower growth."
Canaccord Genuity reiterates its Hold rating and $21 price target.
Now read: Under Armour: More Work Ahead »