UPDATE: DA Davidson Upgrades Under Armour to Buy on Earnings Visibility
April 15, 2013 at 11:06 AM EDT
DA Davidson published a report Monday where analyst Andrew Burns upgraded under Armour (NYSE: UA ) from Neutral to Buy and raised the price target from $57 to $66. In the report, DA Davidson wrote, "Numerous near-term growth drivers provide confidence to raise estimates. While retail conditions were not ideal