Under Armour Inc. shares rose nearly 4 percent in trading Monday on expectations that the sportswear maker’s “rapidly growing” international business will boost earnings and improve help improve the company’s margins. Deutsche Bank upgraded its rating for shares of Baltimore-based Under Armour from “sell” to “hold” and raised the stock price target from $13 to $16. The recommendation comes as Under Armour prepares to report its first-quarter earnings May 1. The bank expects Under Armour to attain…
from https://www.bizjournals.com/baltimore/news/2018/04/23/under-armour-shares-pop-on-deutsche-bank-upgrade.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/173229769977
No comments:
Post a Comment