24.03.2017 17:32:24

Under Armour Rebounding Following Upgrade By Jefferies

(RTTNews) - Shares of Under Armour (UAA) have moved notably higher during trading on Friday, with the athletic apparel maker climbing by 4.7 percent. Under Armour ended the previous session at a three-year closing low.

The rebound by Under Armour comes after Jefferies upgraded its rating on the company's stock to Buy from Hold and raised its price target to $27 per share.

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Under Armour Inc. 6,58 3,02% Under Armour Inc.