Evercore ISI analyst Michael Binetti raised the firm’s price target on Amer Sports (AS) to $30 from $26 and keeps an Outperform rating on the shares. The firm raised its 2025 EPS forecast to 75c from 65c to include about $1B of debt paydown funded by the recent secondary of 46.3M shares at $23 per share as well as raising its 2025 assumptions for Technical Apparel growth, the analyst tells investors.
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