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Fly News Breaks for May 9, 2017
UAA, UA
May 9, 2017 | 11:32 EDT
Jefferies analyst Randal Konik said the assignment of Kip Fulks as a strategic advisor to Under Armour CEO Kevin Plank is a positive that underscores the company's commitment to improving profitability. The analyst, who continues to think share losing "in the rear view," apparel is stabilizing, and footwear comps are easing, suggest investors buy Under Armour shares and keeps a $28 price target on the name.
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