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In addition to Cowen's coverage launch, Under Armour (UA +1.4%) is getting a lift from a...

In addition to Cowen's coverage launch, Under Armour (UA +1.4%) is getting a lift from a positive report from UBS, which is lifting its PT to $98 (albeit while maintaining a Neutral). UBS thinks sell-through trends for Under Armour gear have been ahead of plan this spring, thanks to good weather and consumer acceptance of price increases. The firm also expects "strong innovation" to be demonstrated this fall for UA's cold-weather product line.
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