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Under Armour, Inc. (UA) [hlAlert]

Rating:
Hold UA
up 42.78 %

Under Armour, Inc. (UA) downgraded to Hold by Stifel Nicolaus

Posted on: Wednesday,  Apr 4, 2012  9:25 AM ET by Stifel Nicolaus

Stifel Nicolaus rated Hold Under Armour, Inc. (NYSE: UA) on 04/04/2012. Previously Stifel Nicolaus rated Buy Under Armour, Inc. (NYSE: UA) on
06/10/2011., when the stock price was $16.63. Since then, Under Armour, Inc. has gained 42.78% as of 04/04/2012's recent price of $23.74.
If you would have followed the previous Stifel Nicolaus's recommendation on UA, you would have gained 42.78% of your investment in 299 days.

Under Armour, Inc. (Under Armour), is engaged in the business of developing, marketing and distribution of branded performance apparel, footwear and accessories for men, women and youth. The Company product offerings consist of apparel, footwear and accessories for men, women and youth. During the year ended December 31, 2008, the sales of apparel, footwear and accessories represented approximately 80%, 12%, and 4% of net revenues, respectively. The Company?s products are sold in North America, United Kingdom, France and Germany. The Company?s products are offered globally in approximately 17,000 retail stores.

Stifel Nicolaus research focuses on all market caps, but is a leader in small- and mid-cap research. The department is staffed predominately with industry professionals from outside Wall Street. In fact, approximately 50% of its analysts have hands-on work experience in the industry that they research. Stifel Nicolaus believes industry experience, its opportunistic approach, and broad market cap coverage drive excess returns and its award-winning franchise.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/4/2012 9:25 AM Hold
None
23.74
as of 12/31/2012
1 Week   
1 Month   
3 Months   
1 YTD up  32.26 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/10/2011 8:25 AM Buy
None
16.63 20.00
6/11/2008 9:25 AM Hold
None
8.51

(*) Stock Price at the time of the recommendation.
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