Under Armour (UA) Estimates, PT Raised to $75 at Sterne Agee

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Go back to Under Armour (UA) Estimates, PT Raised to $75 at Sterne Agee

UBS Lifts PT on Under Armour (UA) to $70; Remains Neutral as L-T Story Plays Out

July 25, 2014 10:42 AM EDT

UBS 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

Under Armour (UA) Tops Q2 EPS by 1c; Boosts FY14 Revs Outlook

July 24, 2014 7:02 AM EDT

Under Armour (NYSE: UA) reported Q2 EPS of $0.08, $0.01 better than the analyst estimate of $0.07. Revenue for the quarter came in at $610 million versus the consensus estimate of $572.47 million.

Kevin Plank, Chairman and CEO of Under Armour, Inc., stated, "The broad-based momentum that we... More