Evercore ISI analyst Michael Binetti raised the firm’s price target on Amer Sports (AS) to $51 from $50 and keeps an Outperform rating on the shares, which have been added to the firm’s “Tactical Outperform” list after a recent pullback. The company’s strong Q4 results, especially in Tech Apparel and Outdoor Performance, underscore the brand’s momentum, particularly in China, the analyst tells investors.
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