Truist raised the firm’s price target on Amer Sports (AS) to $45 from $42 and keeps a Buy rating on the shares following what the firm calls “a very solid beat & raise.” Citing strong underlying demand, limited brand awareness, and leverage to high income customers, the firm expects 2026 and 2027 to be “big years,” the analyst tells investors.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AS:
- Midday Fly By: Microsoft, Nvidia invest in Anthropic
- Morning Movers: Medtronic jumps, Home Depot falls after quarterly results
- Amer Sports Reports Strong Q3 2025 Results and Raises Full-Year Guidance
- Amer Sports raises 2024 EPS view to 88c-92c from 77c-82c, consensus 86c
- Amer Sports reports Q3 adjusted EPS 33c, consensus 25c
