TD Cowen analyst John Kernan raised the firm’s price target on Amer Sports (AS) to $43 from $41 and keeps a Buy rating on the shares. The firm believes they have the durability of high quality/premium innovation led sales growth, best in class management, and consensus estimates that appear too low, in their view.
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Read More on AS:
- Amer Sports, Inc.: Strong Performance and Growth Potential Drive Buy Rating
- Amer Sports initiated with an Overweight at Piper Sandler
- Amer Sports initiated with an Outperform at KGI Securities
- Amer Sports Completes Public Offering of 35 Million Shares
- Amer Sports 35M share Spot Secondary priced at $37.20
