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Can Under Armour Earnings Grow 40% a Year? 1 Analyst Thinks So

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Can Under Armour Earnings Grow 40% a Year? 1 Analyst Thinks So

Every day, Wall Street analysts upgrade some stocks, downgrade others, and "initiate coverage" on a few more. But do these analysts even know what they're talking about? Today, we're taking one high-profile Wall Street pick and putting it under the microscope...

Owning Under Armour (NYSE: UA) (NYSE: UAA) stock hasn't been easy these past few weeks.

Last month, the news broke that Under Armour's founder and hard-charging CEO Kevin Plank is stepping down after more then 20 years at the helm. Then, on Monday, the second shoe dropped. Under Armour released a third-quarter earnings report chock-full of bad news, sending shares down 18% in a day.

Source Fool.com

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