UPDATE: Bank of America Raises PO on Under Armour on Near-Term Momentum

In a report published Friday, Bank of America Merrill Lynch analyst Robert Ohmes raised the price objective on Under Armour, Inc. (NYSE: UA ) from $85.00 to $95.00 and maintained a Buy rating. According to the report, UA's price objective raise is 41 to 42 times their C15 EPS