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Piper Sandler Sticks to Its Buy Rating for Amer Sports, Inc. (AS)

Tipranks - Tipranks - Sat Feb 21, 7:33AM CST

In a report released today, Anna Andreeva from Piper Sandler maintained a Buy rating on Amer Sports, Inc., with a price target of $45.00.

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According to TipRanks, Andreeva is an analyst with an average return of -5.0% and a 39.90% success rate. Andreeva covers the Consumer Cyclical sector, focusing on stocks such as Deckers Outdoor, Crocs, and Nike.

In addition to Piper Sandler, Amer Sports, Inc. also received a Buy from Evercore ISI’s Michael Binetti in a report issued yesterday. However, on February 4, TipRanks – xAI reiterated a Hold rating on Amer Sports, Inc. (NYSE: AS).

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Based on Amer Sports, Inc.’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $1.76 billion and a net profit of $143.1 million. In comparison, last year the company earned a revenue of $1.35 billion and had a net profit of $55.8 million

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