Reported 3 months ago
Evercore ISI has maintained a Buy rating on Amer Sports, Inc. (NYSE:AS) and increased its price target from $36 to $43 following the company's strong fiscal Q1 2025 results, which included a 23% sales growth and improved profit margins. Key drivers of this growth were the company's Technical Apparel and Outdoor Performance segments. Analysts remain optimistic due to Amer Sports' strategic focus on expanding market reach and profitability, forecasting continued revenue growth of 15% to 17% for the fiscal year.
Source: YAHOO