SunTrust Robinson Humphrey Starts Under Armour, Inc. (UA) at Buy

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Wedbush Starts Under Armour (UA) at Outperform

July 17, 2013 5:10 PM EDT

Wedbush initiated coverage on Under Armour, Inc. (NYSE: UA) with an Outperform rating and a price target of $70.00. Analyst Corinna Freedman thinks momentum will continue.

"Despite the company's premium multiple, lack of near-term catalyst and a changing risk/reward position given the push... More