Sentiment on Amer Sports is bullish, according to UBS analyst Jay Sole.

Amer’s CEO James Zheng said during the Finnish firm’s first quarter earnings conference call in May that the company saw growing momentum behind its Salomon sneakers , as well as footwear as the fastest growing category at its Arc’teryx brand.

Sole has a “Buy” rating on shares of Amer Sports , and he’s raised his share price target to $50. Shares currently trade in the range of $37.20.

“Our analyses indicate Amer’s key brands, Arc’teryx and Salomon , have maintained robust sales momentum. As such we forecast a beat and raise report,” the analyst wrote in a report. He expects the company to deliver a second quarter earnings per share (EPS) beat and a slight increase in its Fiscal Year 2025 outlook.

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