JPMorgan analyst Olivia Townsend raised the firm’s price target on Adidas to EUR 195 from EUR 185 and keeps an Overweight rating on the shares.
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- Adidas reports Q2 operating profit EUR 176M, consensus EUR 130.6M
- Adidas raises 2023 operating loss outlook to EUR 450M from EUR 700M
- Adidas reports Q2 revenue 5% to EUR 5.34B vs. EUR 5.6B last year
- Adidas upgraded to Neutral from Underperform at Oddo BHF
- Adidas price target raised to EUR 220 from EUR 190 at Deutsche Bank