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Fly News Breaks for February 13, 2019
UA, UAA
Feb 13, 2019 | 08:01 EDT
UBS analyst Jay Sole said he is warming up to Under Armour shares following the company's better than expected Q4 results. The analyst noted its gross margin beat and acknowledged he may have underestimated its margin rebound potential. He also thinks Under Armour could be an earnings revision stock. Sole maintained his Neutral rating and raised his price target to $23 from $21 on Under Armour shares.
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