Form 8-K Under Armour, Inc. For: Jul 24
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UBS Lifts PT on Under Armour (UA) to $70; Remains Neutral as L-T Story Plays Out
July 25, 2014 10:42 AM EDTUBS boosts its target price on Under Armour (NYSE: UA) from $53 up to $70 following Q2 results reported earlier this week.
Analyst Michael Binetti believes that Under Armour's valuation is nearing extremes at 58 times FY15 EPS expectations. But, based on Thursday's move, the analyst sees the company accelerating in several of its most-promising, long-term growth areas. He sees UA surpassing... More
