RBC Capital analyst Piral Dadhania raised the firm’s price target on Adidas to EUR 265 from EUR 260 and keeps an Outperform rating on the shares.
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- Adidas up 3% to $132.84 after preliminary Q3 report
- Adidas reports preliminary Q3 sales up 7% to EUR 6.44B, consensus EUR 6.45B
- Adidas raises 2024 guidance to up 10% from high-single-digits
- Adidas price target raised to EUR 279 from EUR 275 at UBS
- Adidas price target raised to EUR 260 from EUR 250 at RBC Capital