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Published on 18 Jan 2022 on Market Watch

Under Armour used the pandemic to make long-lasting improvements to the business, analysts say


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Under Armour Inc. has used the tumultuous time during the COVID-19 pandemic to make long-term improvements to the business, BMO Capital Markets analysts say, driving an upgrade of the stock to outperform from market perform.

BMO raised its price target by $2 to $25.

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