Longer-Term Nike (NKE) Outlook Not Enough to Lift Under Armour's (UA) Spirits

Piper Jaffray Raises Price Target on Nike (NKE) Following Investor Day

Piper Jaffray reiterated an Overweight rating on Nike (NYSE: NKE), and raised the price target to $140.00 (from $130.00), following investor day. Nike is targeting $50B in sales by 2020, driven by HSD growth in North America and Western Europe, LDD in Emerging Markets and mid- to high-teens growth in Greater China.... More

FBR Capital Raises Price Target on Nike (NKE) Following Investor Day

FBR Capital reiterated a Market Perform rating on Nike (NYSE: NKE), and raised the price target to $126.00 (from $120.00), following the company's investor day. NKE continues to uncover opportunities to drive innovation via its category offense and improved segmentation.

Analyst Susan Anderson commented, "We attended NKE's investor day at its HQ... More

Cowen Raises Price target on Nike (NKE) Following Analyst Day

Cowen reiterated an Outperform rating on Nike (NYSE: NKE), and raised the price target to $145.00 (from $140.00), following an analyst day. Management outlined several initiatives to support accelerated growth for the Nike brand, setting a new revenue goal of $50B through FY20 and mid-teens EPS growth.... More

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

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

Piper Jaffray Downgrades Under Armour, Inc. (UA) to Neutral Following Teen Survey

Piper Jaffray downgraded Under Armour, Inc. (NYSE: UA) from Overweight to Neutral with a price target of $113.00 following the firm's latest teen survey.

Analyst Erinn Murphy commented, "On the heels of our 30th semi-annual Teen Survey, we are downgrading shares of... More

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

FBR affirms Under Armour, Inc. (NYSE: UA) with an Outperform rating and $115 price target after the company announced that Chief Operating Officer and Chief... More