UBS Reaffirms Buy on Under Armour (UA), Sees Turnaround Potential

Under Armour, Inc. (NYSE:UA) is one of the 10 Best US Penny Stocks to Buy. On January 1, UBS reaffirmed its Buy rating on Under Armour, Inc. (NYSE:UA) with a price target of $8. UBS sees the company as a turnaround opportunity and believes that future performance could exceed market expectations. The investment firm projects that Under Armour, Inc. (NYSE:UA) could achieve a 25% compound annual growth rate in earnings per share over the next five years. UBS expects the company to drive this growth through ...