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Amer Sports Price Target Soars 76% as JPMorgan Chase Boosts Estimate

Guavy AI Editorial Team
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JPM
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JPMorgan Chase & Co. has raised its price target for Amer Sports (NYSE:AS) from $59 to $64, indicating a potential upside of 76.52%.

The brokerage firm also maintains an 'overweight' rating on the stock. Several other analysts have recently increased their price targets for Amer Sports as well.

UBS Group raised its target to $62 from $60, while Truist Financial lifted its target to $50 from $49. However, Weiss Ratings has a more cautious view, maintaining a 'hold' rating on the stock.

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