Information Provided By:
Fly News Breaks for June 1, 2016
UA
Jun 1, 2016 | 07:53 EDT
After Under Armour cut its guidance to reflect the impact of The Sports Authority's decision to liquidate, Stifel says the news does not reflect the strength of Under Armour's brand or its long-term opportunities. The firm thinks that Under Armour is a strong brand that's well-positioned to raise its margin, and Stifel remains upbeat on the company's longer term outlook. It keeps a $53 price target and Buy rating on the shares.
News For UA From the Last 2 Days
There are no results for your query UA