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Why Piper Jaffray Is Raising Under Armour's PT To $90

2015-04-10 23:30:42| Footwear - Topix.net

In a report published Friday, Piper Jaffray analysts maintained an Overweight rating on Under Armour, Inc , while raising the price target from $84 to $90, saying that the company's footwear innovation pipeline "remains strong." "Following travels with Finish Line management, we are highlighting UA as a positive derivative based on how this key partner views the brand's future product innovation," the analysts said.

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