Why Under Armour shares are up ahead of Tuesday’s earnings report

Under Armour Inc.’s stock price rose nearly 4 percent Monday after an analyst said “too much fear and hate” has caused the sportswear maker to become priced incorrectly.

Jefferies analyst Randal J. Konik reiterated his “buy” rating in a note published over the weekend and kept the stock price target for Under Armour at $28 per share. Shares of Baltimore-based Under Armour were up more than 3.8 percent in midday trading to $20.18, and reached an intra-day high of $20.80. The boost comes a day before…

from https://www.bizjournals.com/baltimore/news/2017/07/31/why-under-armour-shares-are-up-ahead-of-tuesdays.html?ana=RSS%26s=article_search
from http://baltimorecheckbook.tumblr.com/post/163645875727

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Author: Baltimore Checkbook

Best in consumer news and deals in Baltimore, MD.

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