Login to save this article and read it later.
(CercleFinance.com) – Adidas is climbing more than 4% in Frankfurt, with the support of UBS, which is raising its recommendation from ‘neutral’ to ‘buy’ with a price target of 268 to 338 euros on the German sports goods provider’s stock.
Cleaned-up stocks after a tough 2020, new product launches and a roadmap for margin expansion at the March Investor’s Day, offer an upside opportunity, » the broker said.
Copyright (c) 2021 Cercle Finance. The information and analysis disseminated by Cercle Finance are only a decision-making aid for investors. Cercle Finance cannot be held responsible directly or indirectly as a result of the use of information and analysis by readers. It is recommended to any uninformed person to consult a professional adviser before any investment. This indicative information does not constitute in any way an incitement to sell or a solicitation to buy.