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Needham Downgrades Under Armour (UA) to Underperform

October 28, 2009 8:48 AM EDT
UA Hot Sheet
Rating Summary:
    12 Buy, 13 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 20 | Down: 11 | New: 38
Needham & Co. downgrades Under Armour (NYSE: UA) from Hold to Underperform.

Shares of Under Armour fell more than 11% yesterday amid Q3 results.

To see all the upgrades/downgrades following Under Armour's Q3 earnings, visit our Analyst Ratings page.

Under Armour, Inc. develops, markets, and distributes performance apparel, footwear, and accessories for men, women, and youth primarily in the United States, Canada, and internationally.

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