How Will Under Armour (UA) Stock React To Analyst Comments?

NEW YORK (TheStreet) --  Under Armour  (UA) can reach $15 billion in revenue over the next 10 years, up from $3 billion now, citing "opportunities for growth across numerous distribution channels," Jefferies  (JEF) said in its research note on Wednesday.

Shares of Under Armour are down -0.54% to $59.27 in early morning trading.

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Jefferies said Under Armour's announcement to open its latest specialty store "Brand House" in Chicago early next year is another testament to the company's growth potential as it allows the company to better showcase its latest product innovations.

Separately, TheStreet Ratings team rates UNDER ARMOUR INCJ as a Buy with a ratings score of B-. TheStreet Ratings Team has this to say about their recommendation:

"We rate UNDER ARMOUR INC (UA) a BUY. This is driven by multiple strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value."

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