1150 ET - Under Armour's recent turnaround efforts will likely lead to better trends in its North America business ahead, UBS analysts say in a note. The company's full-year outlook suggests North American revenue growth will accelerate in the fourth quarter, and its new product appears to be driving wholesale partners to re-enage with the brand, the analysts say. Under Armour management is also encouraged by how its fall order book is shaping up, they say. The company's latest quarterly report "gives us stronger conviction a 2nd derivative improvement in the company's revenue growth rate will occur," the analysts say, noting they expect its North America business to inflect in 2027. They raise their price target on the stock to $11 from $8. (kelly.cloonan@wsj.com)

(END) Dow Jones Newswires

February 09, 2026 11:50 ET (16:50 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.