Canaccord Genuity Reiterates a 'Buy' on Under Armour (UA); Positive Meeting with CFO
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Price: $62.54 -0.75%
Rating Summary:
11 Buy, 17 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 13
Rating Summary:
11 Buy, 17 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 13
Trade UA Now!
Canaccord Genuity reiterates a 'Buy' on Under Armour, Inc. (NYSE: UA) price target of $110.00.
Analyst, Camilo Lyon, said, "In our meetings with UA CFO Brad Dickerson and Director of IR Tom Shaw, our key takeaways were two-fold: 1) there are multiple growth drivers that can support consistent mid-20% growth, and 2) the risk around achieving both near-and long-term goals has been significantly reduced due to the experienced hires over the last year. We believe UA’s professional talent more closely than ever matches its top-tier brand, which should result in greater consistency and execution of sales and earnings growth."
For an analyst ratings summary and ratings history on Under Armour, Inc. click here. For more ratings news on Under Armour, Inc. click here.
Shares of Under Armour, Inc. closed at $95.75 yesterday, with a 52 week range of $52.62-$102.86.
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Analyst, Camilo Lyon, said, "In our meetings with UA CFO Brad Dickerson and Director of IR Tom Shaw, our key takeaways were two-fold: 1) there are multiple growth drivers that can support consistent mid-20% growth, and 2) the risk around achieving both near-and long-term goals has been significantly reduced due to the experienced hires over the last year. We believe UA’s professional talent more closely than ever matches its top-tier brand, which should result in greater consistency and execution of sales and earnings growth."
For an analyst ratings summary and ratings history on Under Armour, Inc. click here. For more ratings news on Under Armour, Inc. click here.
Shares of Under Armour, Inc. closed at $95.75 yesterday, with a 52 week range of $52.62-$102.86.
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