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

Rating:
Neutral UA
up 37.47 %

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

Posted on: Thursday,  Mar 29, 2012  9:25 AM ET by Longbow

Longbow rated Neutral Under Armour, Inc. (NYSE: UA) on 03/29/2012. Previously Longbow rated Buy Under Armour, Inc. (NYSE: UA) on 06/03/2011.,
when the stock price was $17.01. Since then, Under Armour, Inc. has gained 37.47% as of 03/29/2012's recent price of $23.39.
If you would have followed the previous Longbow's recommendation on UA, you would have gained 37.47% of your investment in 300 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.

Longbow Research is an independent institutional equity research firm based in Cleveland, OH. We provide bottom up fundamental research to over 200 institutional accounts throughout the U.S. and Canada. Our coverage list consists primarily of mid-cap NYSE-listed names, although we also cover a substantial list of small and large cap companies. Our sector focus is on basic materials, industrial, consumer, technology, health care and consumer/business services.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/29/2012 9:25 AM Hold
None
23.39
as of 12/31/2012
1 Week   
1 Month   
3 Months   
1 YTD up  30.31 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/3/2011 10:25 AM Buy
None
17.01 20.50
12/11/2009 9:25 AM Hold
None
6.72
4/16/2009 9:25 AM Sell
None
4.49 3.00

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