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Fly News Breaks for January 29, 2016
UA
Jan 29, 2016 | 07:16 EDT
SunTrust believes that Under Armour reported "solid" Q4 results, and the firm says that the company is executing well. Noting that Under Armour usually surpasses its guidance, the firm thinks that the company's fiscal 2016 guidance will likely prove to be conservative. It says that the company has "momentum across all categories," and reiterates a $110 price target and Buy rating on the shares.
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