UPDATE: Jefferies Initiates Coverage on Under Armour on Full Valuation
September 06, 2013 at 12:18 PM EDT
In a report published Friday, Jefferies analyst Randal J. Konik initiated coverage on Under Armour (NYSE: UA ) with a Hold rating and $71.00 price target. In the report, Jefferies noted, “We're initiating coverage of UA with a Hold rating and $71 PT. With shares trading near all-time highs and