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Fly News Breaks for December 15, 2017
UAA, UA
Dec 15, 2017 | 07:04 EDT
Stifel analyst Jim Duffy upgraded Under Armour to Buy from Hold, saying he expects the company's business to be in a much better position entering 2019 and for the stock to begin to anticipate improvements before it shows in reported results. Duffy, who is looking for a return to full-price apparel and footwear sales at retail and signs of margin improvement, raised his price target on Under Armour shares to $17 from $12.
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