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Stock Market & Financial Investment News

News Breaks
June 4, 2014
09:56 EDTSKX, UA, NKE, LULUUnder Armour rises after analyst says growth potential underestimated
Shares of athletic apparel maker Under Armour (UA) are rising after research firm Jefferies upgraded the stock to Buy from Neutral in a note to investors earlier today. WHAT'S NEW: Jefferies analyst Randal Konik wrote that the firm's survey indicates that Under Armour's dominance with young people and women is growing, while many men are also buying the company's athletic apparel. The market is underestimating Under Armour's long-term growth potential, contended Konik, who predicted that the company can generate $15B in sales over the next decade, as athletic apparel sales should continue to be strong. He raised his price target on the shares to $65 from $50. OTHERS TO WATCH: Nike (NKE) competes with Under Armour in apparel, footwear, and other areas. lululemon (LULU) also makes athletic apparel, while Skechers (SKX) makes sports footwear. PRICE ACTION: In early trading, Under Armour gained 1.2% to $51.71.
News For UA;LULU;NKE;SKX From The Last 14 Days
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November 17, 2014
06:05 EDTLULUStocks with implied volatility above IV index mean; GME LULU
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November 14, 2014
10:00 EDTLULU, NKEOn The Fly: Analyst Downgrade Summary
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09:16 EDTLULUOn The Fly: Pre-market Movers
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09:03 EDTLULUlululemon downgraded at Sterne Agee
As noted earlier, Sterne Agee downgraded lululemon to Neutral from Buy. The firm believes that the company's brand has been damaged, causing many customers to leave, while its competition has become stronger. Target $39.
08:54 EDTLULUlululemon down 2% to $44.14 in pre-market following Sterne Agee downgrade
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06:31 EDTNKENike downgraded to Neutral from Buy at Sterne Agee
Sterne Agee downgraded Nike to Neutral based on valuation.
06:30 EDTLULUlululemon downgraded to Underperform from Neutral at Sterne Agee
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November 13, 2014
07:57 EDTNKENike positioned to 'significantly increase' dividend, says Nomura
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07:38 EDTUABloomberg Link to hold a conference
The Year Ahead: 2015 is being held in Washington, D.C. with a pre-conference dinner on November 13 followed by company presentations on November 14,
06:04 EDTLULUStocks with implied volatility above IV index mean; GME LULU
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November 12, 2014
13:31 EDTLULULululemon Athletica volatility elevated as shares trend higher
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November 10, 2014
10:00 EDTUAUnder Armour mentioned cautiously by Mosaic Research
Mosaic Resarch believes Under Armour's sales have slowed from previous levels. The firm said Apparel has been hampered by weak conditions at retail and warmer weather and Footwear and International have likely pressured margins.
09:46 EDTLULUBB&T remains positive on lululemon following channel checks
BB&T said it remains positive on lululemon following recent channel checks. The firm continues to expect lululemon's results to improve as the company improved product assortment and laps 2013 PR stumbles. BB&T views the hire of Duke Stump as EVP of Community and Brand as a a positive and views the controversy over the donation to the Dalai Lama Center as overblown. Shares are Buy rated with a $50 price target.
07:22 EDTLULUU.S. Retail Softlines sector downgraded to Negative at Barclays
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06:17 EDTNKENike price target raised to $107 from $93 at Citigroup
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05:48 EDTLULUU.S. Retail Softlines industry cut to Negative at Barclays
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November 7, 2014
10:00 EDTLULU, UA, NKEOn The Fly: Analyst Initiation Summary
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06:53 EDTNKENike initiated with a Market Perform at FBR Capital
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06:52 EDTLULUlululemon initiated with a Market Perform at FBR Capital
Target $40.
06:52 EDTUAUnder Armour initiated with an Outperform at FBR Capital
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