Under Armour (UA -1.8%), which has soared in 2012, sells off after D.A. Davidson starts coverage...

|By:, SA News Editor

Under Armour (UA -1.8%), which has soared in 2012, sells off after D.A. Davidson starts coverage with a Neutral, arguing the high-end sports apparel brand's growth prospects are reflected in its lofty valuation, and that "near-term headwinds" exist. The firm is also starting coverage on rival Nike (NKE +0.5%) with a Buy, on a belief its track record and growth potential justify a premium valuation.