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adidas AG (0OLD) Gets a Buy from Deutsche Bank

Tipranks - Tipranks - Thu Mar 5, 4:06AM CST

Deutsche Bank analyst Adam Cochrane maintained a Buy rating on adidas AG today and set a price target of €230.00.

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According to TipRanks, Cochrane is an analyst with an average return of -6.3% and a 35.66% success rate. Cochrane covers the Consumer Cyclical sector, focusing on stocks such as PUMA SE NPV, Kingfisher, and H&M Hennes & Mauritz AB Class B.

In addition to Deutsche Bank , adidas AG also received a Buy from Jefferies’s James Grzinic in a report issued today. However, on the same day, RBC Capital maintained a Hold rating on adidas AG (LSE: 0OLD).

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Based on adidas AG’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of €6.63 billion and a net profit of €461 million. In comparison, last year the company earned a revenue of €6.44 billion and had a net profit of €443 million

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