Shares of Under Armour (UA -5.8%) open weak after analysts with UBS clip it with a downgrade to...

|About: Under Armour, Inc. (UA)|By:, SA News Editor

Shares of Under Armour (UA -5.8%) open weak after analysts with UBS clip it with a downgrade to Neutral from Buy. The bearish thesis on UA focuses on valuation that sits too high after a 38% YTD runup in shares and top-line results that look pressured to maintain their high-flying ways.