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Fly News Breaks for September 21, 2018
UA, UAA
Sep 21, 2018 | 05:35 EDT
JPMorgan analyst Matthew Boss upgraded Under Armour to Neutral and raised his price target for the shares to $20 from $16. The analyst views the stock's risk/reward as more balanced following the recent underperformance. Further, Under Armour's multi-year margin initiative announced yesterday "protect this house," Boss tells investors in a research note.
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