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.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
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
- Amer Sports price target raised to $34 from $33 at Morgan Stanley
- Amer Sports price target raised to $45 from $42 at BofA
- Amer Sports, Inc.: Strong Financial Performance and Strategic Growth Drive Buy Rating