HAMBURG (dpa-AFX) - Hauck Aufhäuser Investment Banking has raised the price target for Adidas significantly from 95 to 150 euros, but left the rating at "Sell". In a study published on Thursday, analyst Christian Salis attested to an improved first quarter for the sporting goods manufacturer. However, despite raised estimates, the valuation of the share leaves no room for upward movement. The turnaround seems to be priced in at the current price level./tih/gl

Publication of the original study: 18.04.2024 / 08:06 / CEST First transmission of the original study: 18.04.2024 / 08:11 / CEST

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