Morgan Stanley Sees Higher Growth Potential For Under Armour

In a report published Wednesday, Morgan Stanley analyst Jay Sole reiterated an Equal-Weight rating on

. In the report, Morgan Stanley noted, “Our real estate analysis suggests a long-term $300M domestic full-price store opportunity. UA's new Soho NYC store underscores its many growth drivers and maturity. We extend our 24% EPS CAGR outlook one year, through 2018. We also now see a balanced, 1:1 risk/reward, up from 0.7:1.” Under Armour closed on Tuesday at $49.85.