Baird analyst Jonathan Komp raised the firm’s price target on Amer Sports (AS) to $24 from $20 and keeps an Outperform rating on the shares. The firm said Q3 results were better-than-expected reflecting strong brand momentum across Technical Apparel, DTC, and Greater China which drove favorable mix.
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Read More on AS:
- Amer Sports price target raised to $20 from $19 at Wells Fargo
- Amer Sports price target raised to $26 from $19 at JPMorgan
- Amer Sports Surpasses Expectations, Updates 2024 Outlook
- Amer Sports Focuses on Diversified Growth Amid Currency Challenges
- Amer Sports price target raised to $24 from $22 at BofA