Morgan Stanley upgrades Under Armour to overweight, forecasts stock can rebound over 25%

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Jesse Pound@/in/jesse-pound@jesserpound
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Under Armour shoes are seen inside of a store on November 03, 2021 in Houston, Texas.
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Under Armour appears poised for a bounce-back as its turnaround plan remains on track despite a pullback for the stock, according to Morgan Stanley.