BofA raised the firm’s price target on Amer Sports (AS) to $35 from $33 and keeps a Buy rating on the shares after the company reported Q4 adjusted EPS above its in line pre-announcement and provided FY25 guidance towards the upper end of its long-term algorithm. Following the report and guidance, the firm is increasing its FY25 EPS view by 1c to 68c to reflect continued outsized growth at the Arc’teryx brand.
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