UBS has raised its price target for Adidas from 279 euros to 280 euros, while keeping a "Buy" rating for the sportswear company.
Analyst Zuzanna Pusz has pointed out that Adidas holds a unique position in the market, indicating confidence in the company's performance.
The positive outlook for 2025 was emphasized in a recent conference call, indicating strong expectations for the brand's future growth.
This adjustment by UBS highlights the bank's optimistic view on Adidas in a competitive market.