Shares of sportswear maker Under Armour slipped on Tuesday after Wells Fargo downgraded the company. The bank cut its price target on the stock from $17 to $13 and gave it a “market underperform” rating. Traders were less than happy about the news as the stock fell 2%. Wells Fargo analyst Tom Nikic wrote in … Continue reading “Under Armour Gets a Downgrade from Wells Fargo”
