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Barclays Remains a Buy on Amer Sports, Inc. (AS)

Tipranks - Tipranks - Thu Feb 26, 4:20AM CST

Barclays analyst Adrienne Yih maintained a Buy rating on Amer Sports, Inc. today and set a price target of $49.00.

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According to TipRanks, Yih is a 4-star analyst with an average return of 6.3% and a 52.31% success rate. Yih covers the Consumer Cyclical sector, focusing on stocks such as Lululemon Athletica, American Eagle, and Abercrombie Fitch.

In a report released on February 20, Piper Sandler also maintained a Buy rating on the stock with a $45.00 price target.

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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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