Under Armour Inc.’s stock soared Friday after a Wall Street analyst said shares of the struggling sportswear maker are poised to rebound in 2018. Jim Duffy of Stifel previously had a “hold” position on the stock, but issued a “buy” rating on Friday with a price target of $17 over the next year. Shares of the company rose nearly 8 percent in trading Friday afternoon to $14.90. Under Armour’s stock has been on a rocky ride over the last year, tumbling more than 50 percent following a lower outlook…
from https://www.bizjournals.com/baltimore/news/2017/12/15/under-armour-shares-pop-on-wall-street-upgrade.html?ana=RSS&s=article_search
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