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Fly News Breaks for September 13, 2017
UA, UAA
Sep 13, 2017 | 08:12 EDT
Baird analyst Jonathan Kemp said he remains comfortable that near-term estimates for Under Armour have been appropriately set, although skepticism about Q4 will likely remain in the short-term. He remains optimistic that structural changes to the business model can yield improving results into 2018 and beyond. Kemp reiterated his Outperform rating based on a 6-12 month view and maintained his $25 price target on Under Armour shares.
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