Bernstein raised the firm’s price target on Amer Sports (AS) to $43 from $32 and keeps an Outperform rating on the shares. The firm notes Amer Sports reported solid Q1 2025 results, with 23.5% year-over-year topline growth and prompting management to raise FY25 guidance on the strength of both accelerated sales momentum and disciplined SG&A management. Performance exceeded expectations across all business segments and geographic regions, Bernstein adds.
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