Telsey Advisory raised the firm’s price target on Adidas (ADDYY) to EUR 290 from EUR 285 and keeps an Outperform rating on the shares. The company pre-announced “very strong” Q4 results, with continued market share gains and positive momentum across all regions, the analyst tells investors. Overall, the results have given Telsey confidence that the company’s brand momentum can continue in 2025 and beyond.
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