Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Markets & Finance

Thomas Weisel Upgrades Under Armour to Outperform

From Standard & Poor's Equity Research

Thomas Weisel upgraded its investment recommendation on shares of Under Armour (UARM) to outperform from peer per from.

Analyst Jim Duffy says he is impressed with the company's track record to date and compelled by long list of near-term market opportunities. He believes the company deserves to be viewed as entity with a legitimate claim to a stake of $92 billion combined with global market for athletic apparel and equipment. While he expects Under Armour to remain committed to building its brand and to reinvest accordingly, Duffy sees potential for gross margin improvement, and the leverage of fixed expense and brand ad expense over a +larger product portfolio. The analyst says that with this, he sees potential for EPS power beyond current forecasts. He has a $40.94 per share fair value estimate.

blog comments powered by Disqus