JPMorgan lowered the firm’s price target on Adidas (ADDYY) to EUR 234 from EUR 236 and keeps an Overweight rating on the shares.
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Read More on ADDYY:
- Adidas reports preliminary Q3 revenue EUR 6.63B, operating profit EUR 736MN
- Adidas now sees FY operating profit EUR 2B vs. previous view EUR 1.7B-EUR 1.8B
- Adidas initiated with a Neutral at BTIG
- On Holding price target lowered to $62 from $73 at BofA
- Adidas price target lowered to EUR 236 from EUR 250 at JPMorgan