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Fly News Breaks for March 1, 2019
UA, UAA
Mar 1, 2019 | 08:55 EDT
Jefferies analyst Randal Konik added Capri Holdings (CPRI) to his firm's Franchise Picks List in place of Under Armour (UAA). The analyst notes shares of Under Armour are up over 50% since beginning of 2018. "Metrics have improved suggesting the biggest gains are likely in the past," Konik tells investors in a research note. However, he keeps a Buy rating on Under Armour with a $28 price target.
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