On May 21, 2025, Citigroup analyst Paul Lejuez maintained a "Buy" rating for Amer Sports (AS, Financial), a company listed on the NYSE. In an updated report, the analyst highlighted an adjustment in the price target for the company's stock, elevating it from a previous $30.00 to a new target of $42.00. This adjustment represents a substantial increase of 40.00% in the price target.
The decision to uphold the "Buy" rating and the increase in the price target reflects the analyst's continued positive outlook on Amer Sports (AS, Financial). This move suggests a strong belief in the company's growth potential and future performance in the market.
Investors in Amer Sports (AS, Financial) may find this news encouraging as it signals confidence from a major financial institution in the stock’s upward trajectory. The changes in the price target aim to align with evolving market conditions and company developments.