Morgan Stanley analyst Edouard Aubin double upgraded Adidas to Overweight from Underweight with a price target of EUR 235, up from EUR 175. The analyst now see Adidas building underlying sales momentum “as outweighing risks to the story.” Channel checks point to building positive sentiment and top-line momentum at Adidas, the analyst tells investors in a research note.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ADDYY:
- Adidas (ADDYY) Announces Q2 Dividend: Save the Dates!
- Adidas price target raised to EUR 227 from EUR 218 at Barclays
- Adidas price target raised to EUR 175 from EUR 145 at Morgan Stanley
- Adidas price target raised to EUR 220 from EUR 200 at Deutsche Bank
- Adidas price target raised to EUR 205 from EUR 185 at Telsey Advisory