Under Armour Inc (NYSE: UA) (NYSE: UAA) seems to be in the early stages of its first-ever “speed bump” and there are concerns around the company’s ability to return to top-line growth in excess of 20 percent, Wells Fargo’s Tom Nikic said in a report.
While maintaining a Market Weight rating on Under Armour with a valuation range of $16–$18, Nikic mentioned four takeaways from Nike Inc's (NYSE: NKE) when the company stumbled for the first time in the 1980s.
Related Link: We Must Protect This House: Kohl's Hoping Under Armour Launch Will Offset Mounting Headwinds
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|Feb 2017||Morgan Stanley||Upgrades||Underweight||Equal-Weight|
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