Truist on Amer Sports Inc. (AS): 'Bullish on Growing Momentum for Arc'teryx and Salomon'
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Rating Summary:
18 Buy, 2 Hold, 0 Sell
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Truist Securities analyst Joseph Civello reiterated a Buy rating and $42.00 price target on Amer Sports Inc. (NYSE: AS).
The analyst commented: "Bullish on growing momentum for Arc’teryx and Salomon; We still have limited clarity on Arc’teryx trends in China following negative backlash to the fireworks incident in September, which remains a key focus area for 3Q25 earnings. That said, we are incrementally bullish on signs of strong momentum for both Salomon and Arc’teryx in the US via our analysis of TikTok, Pinterest, and Google Trends. We believe limited brand awareness in the US and growing brand heat yields meaningful growth opps ahead while their leverage to higher income consumers advantageously positions them in a choppy macro."
For an analyst ratings summary and ratings history on Amer Sports Inc. click here. For more ratings news on Amer Sports Inc. click here.
Shares of Amer Sports Inc. closed at $30.18 yesterday.
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