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Fly News Breaks for April 5, 2018
UA, UAA
Apr 5, 2018 | 07:18 EDT
Susquehanna analyst Sam Poser said his negative view of Under Armour has been reinforced following his review of regulatory filings by the company. The analyst said the review shows the brand and inventory positions remain precarious and he does not believe the company will achieve its 2018 gross margins and earnings guidance. Poser reiterated his Negative rating and $11 price target on Under Armour shares.