Under Armour price target raised to $10 from $8 at Telsey Advisory

Telsey Advisory analyst Cristina Fernandez raised the firm’s price target on Under Armour (UAA) to $10 from $8 and keeps a Market Perform rating on the shares. Under Armour seems to be moving in the right direction but is likely still a few quarters away from seeing an inflection in revenues and garnering confidence the company can return to sustained growth, the analyst tells investors.