ubs maintains buy rating for adidas with target price of 279 euros

UBS AG has given adidas shares a "Buy" rating with a target price of 279 euros. The operating results may have been affected by special factors, and more information will be provided during the upcoming conference call.

In XETRA trading, adidas shares increased by 0.8 percent to EUR 215.50, suggesting a potential upside of 29.47 percent compared to the target price. The stock has appreciated by 17.4 percent since the beginning of 2024, reflecting positive market sentiment.

The key figures for Q3 2024 will be released on October 29, 2024, which could offer further insights into the company's performance and future prospects.

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