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Under Armour, Inc. (UA) [hlAlert]

Rating:
Neutral UA
up 54.46 %

Under Armour, Inc. (UA) downgraded to Neutral by Credit Suisse

Posted on: Friday,  Sep 13, 2013  8:25 AM ET by Credit Suisse

Credit Suisse rated Neutral Under Armour, Inc. (NYSE: UA) on 09/13/2013. Previously Credit Suisse rated Outperform Under Armour, Inc. (NYSE: UA) on
01/04/2013., when the stock price was $25.54. Since then, Under Armour, Inc. has gained 54.46% as of 09/13/2013's recent price of $39.45.
If you would have followed the previous Credit Suisse's recommendation on UA, you would have gained 54.46% of your investment in 252 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.

Excellence in equity and fixed income research is a hallmark of Credit Suisse. Globally, our equity research analysts provide in-depth coverage of over 2,500 companies and engage in a knowledge-sharing, value added culture that has yielded the most insightful product for our customers and tremendous competitive results. Additionally, Credit Suisse's powerful macro-economic and debt strategy teams integrate the bank's comprehensive company research with keen market perspectives of the ever-shifting investment terrain.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/13/2013 8:25 AM Hold
None
39.45
as of 12/13/2013
1 Week   
1 Month   
3 Months up  0.50 %
1 YTD up  62.57 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/4/2013 8:25 AM Buy
None
25.54
8/1/2007 9:25 AM Buy
None
15.51 18.75

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