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Fly News Breaks for September 16, 2015
UA
Sep 16, 2015 | 12:47 EDT
Sterne Agee CRT said Under Armour's newly-issued guidance for $7.5B in revenues and $800M in operating income by 2018 is "very conservative" and could likely be achieved by early in that year on a trailing 12-month basis judging from the company's past performance. The firm has a Buy rating and $120 price target on Under Armour shares.
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