Citi opened a “30-day positive catalyst watch” on shares of Amer Sports (AS) ahead of the Q3 report on November 18. The firm sees an attractive risk/reward into the earnings print and believes Amer is seeing accelerating brand momentum. Citi keeps a Buy rating on the shares with a $50 price target
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:
- Microsoft upgraded, Harley-Davidson downgraded: Wall Street’s top analyst calls
- Amer Sports initiated with a Buy at Truist
- Amer Sports’ Atomic subject to EU investigation, Dow Jones reports
- EU raids ski equipment makers over cartel suspicions, Bloomberg reports
- Amer Sports Inc put buyer realizes 41% same-day gains