Kohl’s Announces New Partnership with Under Armour to Propel its Active Business

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FBR Capital Remains Bullish Following Under Armour's (UA) 2Q and Partnership Announcement with Kohl's

July 27, 2016 2:03 PM EDT

FBR Capital reiterated an Outperform rating and $59.00 price target on Under Armour, Inc. (NYSE: UA) following the company's 2Q earnings report. UA reported EPS of $0.01, in line with consensus estimates. Management also announced a new partnership with Kohls, which could be another sales driver for the company.

Analyst Susan Anderson commented, "Under Armour posted... More