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UBS AG maintains a "Buy" rating for Adidas shares with a target price of €280, reflecting a potential upside of 16.13% from the current price of €241.10. Despite recent tax and customs searches at Adidas locations, the stock has risen 31.3% since the start of 2024. Earnings and sales figures for Q4 2024 are set to be released on March 5, 2025.
UBS has maintained its "Buy" rating for Adidas, setting a target price of 280 euros. Analyst Zuzanna Pusz noted that recent tax and customs searches at various Adidas locations were anticipated, with a risk provision already mentioned in the company's 2022 annual report.
UBS has maintained a "Buy" rating for Adidas shares, setting a target price of 280 euros, despite recent tax and customs searches at several locations. Analyst Zuzanna Pusz noted that a risk provision was already mentioned in the 2022 annual report. As of 11:28 am in XETRA trading, Adidas shares rose by 0.4%, indicating a potential upside of 16.09% based on the target price, with a trading volume of 142,085 shares. The stock has increased by 31.4% since the start of 2024, with quarterly results for Q4 2024 expected on March 5, 2025.
UBS has maintained a 'Buy' rating for Adidas, setting a target price of 280 euros. Analyst Zuzanna Pusz noted that recent tax and customs searches at various Adidas locations were anticipated, with a risk provision already highlighted in the company's 2022 annual report.
UBS AG maintains a "Buy" rating for adidas shares with a target price of €280, despite recent tax and customs searches at several locations, which were anticipated. The stock rose 0.3% to €241.10, reflecting a potential upside of 16.13%. Since the start of 2024, adidas shares have increased by 31.3%, with Q4 2024 results expected on March 5, 2025.
UBS has reduced its price target for Hermès from 2515 to 2475 euros while maintaining a "Buy" rating. Analyst Zuzanna Pusz expressed optimism for the luxury brand despite challenging industry conditions, factoring in higher taxes in France into her profit estimates.
UBS has increased its price target for LVMH from 629 to 648 euros while maintaining a "Neutral" rating. Analyst Zuzanna Pusz noted that the luxury sector leader is facing short-term uncertainties and is awaiting improved sales momentum or a more attractive valuation.
UBS has increased its price target for Kering from 227 to 228 euros while maintaining a "Neutral" rating. Analyst Zuzanna Pusz indicated that 2025 is unlikely to be a strong year for Gucci, according to her recent outlook.
UBS has reduced its price target for Hermes from 2515 to 2475 euros while maintaining a "Buy" rating. Analyst Zuzanna Pusz expressed optimism for the luxury brand despite challenging industry conditions, factoring in higher taxes in France. Hermes continues to thrive with a diverse product range and a global store network of 294 locations.
UBS AG has maintained a "Buy" rating for adidas shares, setting a target price of €280, citing potential growth in the North American market as a key factor. The stock rose 2.2% to €219.10, indicating a 27.8% upside potential, with a year-to-date increase of 19.3%. Q4 2024 results are expected on March 5, 2025.

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