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Fly News Breaks for April 20, 2015
UA
Apr 20, 2015 | 08:21 EDT
BofA/Merrill expects Under Armour to report upside to its Q1 revenue estimate of $802M let by continued U.S. apparel momentum, footwear, and strong international growth. The firm said Under Armour's brand visibility continues to increase and expects the company to be the next major global athletic brand. Shares are Buy rated with an increased price target of $95 from $88.
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