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Fly News Breaks for November 12, 2019
UAA
Nov 12, 2019 | 21:23 EDT
Barclays analyst Adrienne Yih initiated coverage of Under Armour with an Equal Weight rating and $19 price target. The analyst likes the company's "significant global brand awareness and opportunities in under-penetrated target markets, categories, and geographies, but also cites the recent news regarding the ongoing inquiries into its revenue recognition accounting from the DoJ and the SEC.
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