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.