Under Armour, Inc. (UAA) PT Raised to $13 at Deutsche Bank on 4Q Report; 'Additional Time from Investors to Right the Business'

Deutsche Bank raised its price target on Under Armour, Inc. (NYSE: UAA) to $13.00 (from $12.00) while maintaining a Sell rating, following the company's fourth quarter report.

Analyst Paul Trussell notes a positive outlook on the shares, as UAA reported fourth quarter revenues above consensus and projected solid 2018 estimates, while earnings per share results were in-line with estimates, with management continuing to see traction and benefit from a higher mix outside the U.S.

You May Also Be Interested In

• Morgan Stanley Upgrades QIAGEN NV (QIA:GR) (QGEN) to Overweight
• Morgan Stanley Upgrades Sonova Holding AG (SOON:SW) (SONVY) to Equalweight
• Stifel Starts Victrex Plc. (VCT:LN) (VTXPF) at Buy