Under Armour's (UA) CFO/COO Transition Should be Smooth, Will Have No Problem Securing Top Talent - FBR

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Canaccord Genuity Raises Price Target on Under Armour (UA) to $130 Ahead of 3Q Results

October 14, 2015 8:05 AM EDT

Canaccord Genuity reiterated a Buy rating on Under Armour, Inc. (NYSE: UA), and raised the price target to $130.00 (from $105.00), ahead of the company's 3Q earnings results. Cannaccord is projecting 3Q gross margin of 49.1%, in line with guidance. UA is scheduled to report earnings on October 22, before the market opens.

Analyst Camilo Lyon commented, "We are buyers of UA heading into its Q3... More

Under Armour (UA) COO, CFO Dickerson to Step Down

October 13, 2015 9:11 AM EDT

Under Armour (NYSE: UA) announced that Chief Operating Officer and Chief Financial Officer Brad Dickerson will be stepping down to pursue another professional opportunity outside of the athletic performance industry. Mr. Dickerson has been with Under Armour since 2004, serving as CFO since 2008, and more recently gaining the title of COO in early 2015.

Mr. Dickerson will remain with Under Armour until February 2016 in order to ensure a smooth... More