Under Armour price target raised to $14 from $11 at Deutsche Bank

Deutsche Bank analyst Gabriella Carbone raised the firm’s price target on Under Armour to $14 from $11 and keeps a Buy rating on the shares ahead of its Q3 results. While investor sentiment is more mixed on Under Armour, Deutsche Bank expects in line prints for the company. Further, the firm expects inventory to be the key focus for the company, along with demand in North America and recent trends in China.