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Fly News Breaks for April 18, 2016
UA
Apr 18, 2016 | 06:46 EDT
Piper Jaffray analyst Erinn Murphy says she remains on the sidelines with respect to shares of Under Armour into the company's Q1 earnings report on April 21. While sales could top expectations, Q1 marks the most insignificant quarter given the fractional earnings contribution for the year, Murphy tells investors in a research note. She points out Piper's recent teen survey results were mixed for Under Armour. The analyst keeps a Neutral rating on the shares with a $35 price target.
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