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A report released earlier today by Canaccord about Under Armour (NYSE:UAA) lowers the target price to $15.00

Under Armour (NYSE:UAA) had its target price lowered to $15.00 by Canaccord in a report released Thursday October 12, 2017. The dropped price target suggests a potential downside of -0.09% from the company's most recent stock price close.

Boasting a price of $16.52, Under Armour (NYSE:UAA) traded -1.88% lower on the day. The last stock price is down -15.69% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.03% over the same time period. UAA has recorded a 50-day moving average of $16.87 and a 200-day moving average of $19.23. 370,852 shares of the stock were exchanged, down from an average trading volume of 4,365,720

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Under Armour (NYSE:UAA)

Under Armour has a 52 week low of $15.92 and a 52 week high of $39.20 with a P/E ratio of 32.81 The company’s market cap is currently $0.

General Information About Under Armour (NYSE:UAA)

Under Armour, Inc. is engaged in the development, marketing and distribution of branded performance apparel, footwear and accessories for men, women and youth. The Company's segments include North America, consisting of the United States and Canada; Europe, the Middle East and Africa (EMEA); Asia-Pacific; Latin America, and Connected Fitness. Its products are sold across the world and worn by athletes at all levels, from youth to professional, on playing fields around the globe, as well as by consumers with active lifestyles. The Company sells its branded apparel, footwear and accessories in North America through its wholesale and direct to consumer channels. As of December 31, 2016, the Company had approximately 151 factory house stores in North America primarily located in outlet centers throughout the United States. In addition, the Company distributes its products in North America through third-party logistics providers with primary locations in Canada, New Jersey and Florida.

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