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Under Armour (UA +1.6%) trades higher following an upgrade to Overweight from Morgan Stanley....
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Friday, February 24, 2012, 9:44 AM ETUnder Armour (UA +1.6%) trades higher following an upgrade to Overweight from Morgan Stanley. The firm claims a recent survey suggests Under Armour's footwear efforts can succeed, and predicts "sales growth and operational improvements" will make 2013 a "banner year." In addition, Morgan is launching coverage on Nike (NKE +0.3%) with an Equal-Weight.
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