Citi Upgrades Under Armour (UA) to Buy, Raises Price Target to $78

May 18, 2011 8:07 AM EDT
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Price: $5.25 +0.19%

Rating Summary:
    14 Buy, 24 Hold, 5 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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An analyst at Citi upgraded shares of Under Armour, Inc. (NYSE: UA) from Hold to Buy Wednesday morning. The firm boosted its price target on the stock from $74 to $78.

With Under Armour shares closing at $64.09 Tuesday, Citi's new price target suggests potential upside of nearly 22 percent.

For more ratings news on Under Armour, Inc. click here and for the rating history of Under Armour, Inc. click here.


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