Citi Names Top Pick in Athletic Sector
Citi analyst Paul Lejuez has named Amer Sports as his top pick within the athletic sector, highlighting the company's strong growth prospects and margin expansion opportunities over the next five years. In a note to clients, Lejuez maintained his Buy rating and top pick status for Amer Sports, citing multiple levers for growth and profitability improvements through the end of the decade.
The firm reiterated its Buy rating on the stock and kept its fiscal 2026 and fiscal 2027 earnings estimates at $1.44 and $1.69 per share, respectively, with a price target of $50.
Brief written by urgent.news from Investing.com's own syndicated text. Machine-written — may contain errors; check the original before relying on it.