Baird analyst Jonathan Komp raised the firm’s price target on Under Armour to $10 from $9 and keeps a Neutral rating on the shares. The analyst noted the announcement of Stephanie Linnartz as CEO effective February 27 but thinks the company may face questions about the reasons for hiring outside of the global footwear/apparel industry and the ongoing influence of Founder Kevin Plank.
Published first on TheFly
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