TD Cowen raised the firm’s price target on Amer Sports (AS) to $44 from $43 and keeps a Buy rating on the shares. The firm noted Management raised revenue outlook for Technical Apparel and Outdoor Performance, implying high-teens percent growth ex-FX in 2H for Amer versus mid-20s% in 1H which Cowen views as conservative. They see omni-channel comps and accelerating Americas wholesale as upside drivers.
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Read More on AS:
- Amer Sports Releases Interim Financial Results for First Half of 2025
- Amer Sports price target raised to $45 from $44 at Baird
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