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Under Armour price target raised to $8 from $5 at Barclays

Barclays raised the firm’s price target on Under Armour (UA) (UAA) to $8 from $5 and keeps an Equal Weight rating on the shares post the fiscal Q3 report. The company’s fiscal 2026 guidance for sales and EBIT is now expected at the high end of prior ranges, the analyst tells investors in a research note. The firm says Under Armour’s turnaround remains a work in progress.

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