Under Armour Reiterates Outlook For 2016 Following Announcement Of Sports Authority Bankruptcy

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Mizuho Securities Reiterates Buy on Under Armour (UA) Despite Concerns Over Sports Authority

March 4, 2016 10:31 AM EST

Mizuho Securities reiterated a Buy rating and $95.00 price target on Under Armour, Inc. (NYSE: UA), despite concerns regarding Sports Authoritys announced bankruptcy restructuring. Mizuho believes that the companys core apparel and footwear categories continue to demonstrate solid market share gains. Checks suggest strength within footwear remains... More