UBS Initiates Coverage On Amer Sports with Buy Rating, Announces Price Target of $23
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Jay Sole initiates coverage on Amer Sports (NYSE:AS) with a Buy rating and announces a price target of $23.
February 26, 2024 | 11:24 am
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UBS initiates coverage on Amer Sports with a Buy rating and a price target of $23.
The initiation of coverage by a major financial institution like UBS, especially with a Buy rating and a specific price target, is typically seen as a positive signal to the market. This can lead to increased investor interest and potentially drive the stock price up in the short term, as it reflects confidence in the company's future performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100