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Friday, March 29, 2024

Under Armor Inc, L Brands Inc Moving In Opposite Directions Following Piper Jaffray Rating Changes

Courtesy of Benzinga.

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Earlier Wednesday morning, Piper Jaffray upgrades shares of Under Armor Inc (NYSE: UA) from Neutral to Overweight and downgraded shares of L Brands Inc (NYSE: LB) from Overweight to Neutral.

Following the rating changes, Under Armor's shares have risen ~0.66 percent, while shares of L Brands have fallen ~0.44 percent.

Looking at Under Armor, analyst Erinn Murphy said the company has potential for "significant market shares gains" and could more than double its market cap.

Latest Ratings for UA

Date Firm Action From To
Sep 2014 Piper Jaffray Upgrades Neutral Overweight
Aug 2014 CRT Capital Initiates Coverage on Fairly Valued
Aug 2014 CRT Capital Initiates Coverage on Fairly Valued

View More Analyst Ratings for UA
View the Latest Analyst Ratings

Posted-In: Erinn Murphy Piper JaffrayAnalyst Color Upgrades Downgrades Price Target Analyst Ratings

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