Under Armour Announces Multi-Year Partnership with FC St. Pauli And Opening Of New Munich Office
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Canaccord Genuity Raises Price Target to $105 Following Under Armour's (UA) 2Q EPS Beat
July 24, 2015 9:47 AM EDTCanaccord Genuity reiterated a Buy rating on Under Armour, Inc. (NYSE: UA), and raised the price target to $105.00 (from $97.00), following 2Q15. UA reported an EPS beat of $0.07 vs $0.05 consensus.
Analyst Camilo Lyon commented, "UA's Q2 beat (7c EPS vs. 5c consensus) showcased another quarter of impressive top line momentum, with sales growth of 29% (31% ex-FX) handily beating our 24%... More
FBR Capital Raises Price Target on Under Armour (UA) Following 2Q15
July 24, 2015 8:39 AM EDTFBR Capital reiterated an Outperform rating on Under Armour, Inc. (NYSE: UA), and raised the price target to $105.00 (from $92.00), following 2Q15 results. EPS of $0.07 beat consensus of $0.05.
Analyst Susan Anderson commented, "UA posted 2Q EPS of $0.07 versus FBR/consensus of $0.04/$0.05, supported by solid revenue growth of +29% (+31% constant currency), exceeding our estimates of +28% and consensus... More
Under Armour (UA) Enters Several New Strategic Partnerships in Germany
July 23, 2015 5:26 PM EDTUnder Armour (NYSE: UA) announced several new strategic partnerships in Germany and the surrounding region in support of the brand's aggressive global expansion plans.
The new partnerships include Under Armour's multi-year official technical sponsorship of FC St. Pauli, a club with a distinct and progressive identity unlike any in global football. Starting in July 2016, the brand will design and outfit the club's senior team and youth academy teams with match day and training kits. A key element of the partnership will be infusing new product innovations engineered... More
