Amer Sports price target raised to $50 from $37 at UBS

UBS raised the firm’s price target on Amer Sports (AS) to $50 from $37 and keeps a Buy rating on the shares. Amer’s Arc’teryx brand and China businesses have strong growth opportunities, with the Q1 beat and raise report reinforcing conviction in this view, the analyst tells investors in a research note. While some are still cautious on Amer’s growth potential given its high leverage to China and potential 2H25 slowdown due to tariffs, UBS believes Amer fundamentals remain strong.