Bernstein Upgrades adidas to Outperform, Raises Price Target to $112.32
Portfolio Pulse from richadhand@benzinga.com
Bernstein analyst Aneesha Sherman upgrades adidas (OTC:ADDYY) from Market Perform to Outperform and raises the price target from $91.63 to $112.32.
June 12, 2023 | 12:26 pm
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Bernstein upgrades adidas to Outperform and raises price target to $112.32.
The upgrade from Market Perform to Outperform by Bernstein analyst Aneesha Sherman indicates a positive outlook for adidas. The raised price target from $91.63 to $112.32 suggests a potential upside for the stock, which could lead to a short-term increase in its price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100