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Fly News Breaks for March 31, 2015
NKE, UA
Mar 31, 2015 | 07:07 EDT
Deutsche Bank raised its price target for Under Armour (UA) shares to $85 from $82 and for Nike (NKE) shares to $115 from $110 saying it believes the athletic sector outperformance should continue. Deutsche sees the emergence of the middle class globally is a positive driver for the athletic industry. It keeps Buy ratings on both stocks.