JPMorgan lowered the firm’s price target on Amer Sports (AS) to $50 from $53 and keeps an Overweight rating on the shares. The firm adjusted retail estimates following its Global Luxury and Brands Conference in Paris.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AS:
- AS Upcoming Earnings Report: What to Expect?
- Amer Sports Announces Board Changes with New Appointment
- 2 ‘Perfect 10’ Stocks Analysts Say It’s Time to Snap Up
- Amer Sports, Inc.: Poised for Growth Amid Challenges with Strong Long-term Potential
- Citi opens ’30-day positive catalyst watch’ on Amer Sports