Amer Sports, Inc. (AS) Gets a Buy from Barclays
Amer Sports, Inc. received a Buy rating and a $49.00 price target from Barclays analyst Adrienne Yih today.
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According to TipRanks, Yih is a 4-star analyst with an average return of 7.3% and a 53.08% success rate. Yih covers the Consumer Cyclical sector, focusing on stocks such as Crocs, Tapestry, and Gap Inc.
In a report released on November 26, Bernstein also maintained a Buy rating on the stock with a $46.00 price target.
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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