Under Armour, Inc. (UAA) PT Raised to $13 at Deutsche Bank on 4Q Report; 'Additional Time from Investors to Right the Business'
Deutsche Bank raised its price target on Under Armour, Inc. (NYSE: UAA) to $13.00 (from $12.00) while maintaining a Sell rating, following the company's fourth quarter report.
Analyst Paul Trussell notes a positive outlook on the shares, as UAA reported fourth quarter revenues above consensus and projected solid 2018 estimates, while earnings per share results were in-line with estimates, with management continuing to see traction and benefit from a higher mix outside the U.S.