Amer Sports, Inc. (AS) Gets a Buy from Evercore ISI
Evercore ISI analyst Michael Binetti maintained a Buy rating on Amer Sports, Inc. yesterday and set a price target of $46.00. The company’s shares closed yesterday at $36.05.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Binetti covers the Consumer Cyclical sector, focusing on stocks such as Ferrari, Tapestry, and Ralph Lauren. According to TipRanks, Binetti has an average return of 5.2% and a 53.07% success rate on recommended stocks.
In addition to Evercore ISI, Amer Sports, Inc. also received a Buy from TR | OpenAI – 4o’s Layla Joyesse in a report issued on November 20. However, on November 19, TR | OpenAI – 4o reiterated a Hold rating on Amer Sports, Inc. (NYSE: AS).
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
Read More on AS:
