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Actionable news in UA: UNDER ARMOUR Inc,

5 Reasons Under Armour Is Out of Luck

Raymond James released a report today on what we think of as athletic shoe companies--Nike (NKE) and Adidas (ADDYY) among them--and the big loser appears to be Under Armour (UAA).

While Nike was initiated at Outperform and named the firm's top sector pick, and Adidas was upgraded to Market Perform from Underperform, Raymond James analysts Dan Wewer and Mitch Ingles reiterated their Under Perform rating on Under Armour. And they listed five reasons for their rating:

The most important challenges facing UAA include: 1) dramatically slowing revenue...