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Enter Symbol:
 
Under Armour, Inc. (UA) [hlAlert]

Rating:
Neutral UA
down 37.56 %

Under Armour, Inc. (UA) upgraded to Neutral with price target $77 by JP Morgan

Posted on: Tuesday,  Oct 1, 2013  8:25 AM ET by JP Morgan

JP Morgan rated Neutral Under Armour, Inc. (NYSE: UA) on 10/01/2013. Previously JP Morgan rated Underweight Under Armour, Inc. (NYSE: UA) on
12/12/2012., when the stock price was $25.19. Since then, Under Armour, Inc. has gained 60.17% as of 10/01/2013's recent price of $40.34.
If you would have followed the previous JP Morgan's recommendation on UA, you would have lost 37.56% of your investment in 293 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.

JPMorgan is a leading financial services firm with one of the largest client franchises in the world. We partner with our clients to offer the most complete and innovative solutions in the industry to help them achieve their goals. For more than 200 years, we have taken a long-term approach to our clients and to the way we conduct business. Our firm has grown considerably in scale and scope, but our commitment to our core principle of doing "only first-class business... in a first-class way" has never been stronger.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/1/2013 8:25 AM Hold
None
40.34 38.50
as of 12/13/2013
1 Week   
1 Month   
3 Months down  -2.77 %
1 YTD down  -66.24 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/12/2012 8:25 AM Sell
None
25.19

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