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0.000317460317460367 -0.000317460317460254 0.00015873015873024 0.00190476190476198 -0.00222222222222212 0.00444444444444446 0.00650793650793657 0.00523809523809532
Stock impact report

Truist Initiates Amer Sports (AS) with Buy, $42 PT, Cites Niche Focus and Growth Drivers [Yahoo! Finance]

Amer Sports, Inc. Ordinary Shares (AS) 
Company Research Source: Yahoo! Finance
27, Truist analyst Joseph Civello initiated coverage of Amer Sports with a Buy rating and $42 price target. This sentiment was announced as the firm believes that Amer's growth is driven by its focus on niche areas, its relatively limited brand awareness in the US, and its strong connection to higher-income consumers. Joseph Civello further stated that the company's higher price points and its geographic concentration outside of the US also position Amer Sports to outperform within an industry that is facing pressure from tariffs. Truist Initiates Amer Sports (AS) with Buy, $42 PT, Cites Niche Focus and Growth Drivers Earlier on October 9, Wells Fargo analyst Ike Boruchow maintained a Buy rating on Amer Sports with a price target of $40.00. Amer Sports Inc. (NYSE:AS) designs, manufactures, markets, distributes, and sells sports equipment, apparel, footwear, and accessories internationally. It operates through three segments: Technical Apparel, Outdoor Performance, and Ball & R Show less Read more
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