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Fly News Breaks for June 20, 2017
UAA, UA
Jun 20, 2017 | 14:38 EDT
After hosting meetings with Under Armour's IR team, Jefferies analyst Randal Konik said he thinks the company's North America distribution strategy is prudent and he still sees tailwinds forming in the second half of the year despite the environment remaining challenging. Konik, who still thinks Under Armour has a long runway for growth, keeps a Buy rating and $28 price target on the stock.