Home › Under Armour Retakes Key Support Level On Upgrade
 

Keywords :   


Under Armour Retakes Key Support Level On Upgrade

2015-06-05 19:40:47| Footwear - Topix.net

Analyst Andrew Burns, who has a 91 price target on the stock, upgraded Under Armour to buy from neutral and sees Under Armour raising guidance in the latter half of the year. The company's 30% revenue compound annual growth rate since 2010 "makes it the fastest growing athletic brand in a strong athletic cycle," and should be able to support its 20%-25% annual growth target "for years to come," he said in a note acquired by Benzinga .

Tags: support level key upgrade

Category:Consumer Goods and Services

Latest from this category

All news
10.10EU delays introduction of border check system again
10.10How will the changes to workers' rights affect you?
10.10Labour's new deal for workers: A fight postponed?
10.10Fresh rise in mortgage rates predicted
10.10Elon Musk to unveil 'Cybercab' at Tesla robotaxi event
10.10Instacart and Roku expand shoppable TV partnership
10.10Starbucks, Tetley, Jaguar Land Rover: Remembering Ratan Tata's global ambitions
10.10Starbucks, Tetley, Jaguar Land Rover: Remembering Ratan Tata's global ambitions
Consumer Goods and Services »
10.10EU delays introduction of border check system again
10.10Atlantic Tropical Weather Outlook
10.10Post-Tropical Cyclone Milton Public Advisory Number 22A
10.10Summary for Post-Tropical Cyclone Milton (AT4/AL142024)
10.10Eastern North Pacific Tropical Weather Outlook
10.10Hurricane Milton Graphics
10.10Meat Institute says USDA over-regulating beef, cattle markets
10.10BASF Completes Capability Upgrades for Superabsorbent Polymers in North America
More »