JPMorgan analyst Matthew Boss raised the firm’s price target on Amer Sports (AS) to $46 from $45 and keeps an Overweight rating on the shares. The firm adjusted price targets in the department store and specialty softline group ahead of the Q2 reports. JPMorgan’s fieldwork indicates a strong close to the quarter on a July consumer acceleration, the analyst tells investors in a research note.
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Read More on AS:
- Amer Sports price target raised to $45 from $44 at Goldman Sachs
- Amer Sports price target raised to $43 from $41 at TD Cowen
- 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