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Fly News Breaks for February 11, 2019
UA, UAA
Feb 11, 2019 | 07:50 EDT
Canacord analyst Camilo Lyon previewed Under Armour's quarter which he expects to be fairly lackluster. The analyst said his issue with the stock remains the lack of compelling product, still weak segmentation between key North American channels, and overall anemic growth while chief competitors are outpacing them. Lyon said investors are getting the least growth in the space for the most expensive valuation with Under Armour shares, on which he reiterated his Sell rating and $13 price target.
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