David Stahl
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Stifel Says Under Armour And Adidas Gaining, But Nike Still Reigns Supreme

Stifel analysts Jim Duffy and Peter McGoldrick acknowledged the fact that both Under Armour Inc  and adidas AG (ADR)  are gaining in the athletic footwear, apparel, equipment, accessories and services market. However, the analysts believe Nike Inc  reigns supreme in the segment.

Therefore, the brokerage not only maintained its Buy rating but also kept the price target of $68 on the shares of the company.