FRANKFURT (dpa-AFX Broker) - The investment bank Oddo BHF has upgraded Adidas from "Neutral" to "Outperform" and raised its price target from 181 to 208 euros. The sporting goods manufacturer is showing signs of a turn for the better, wrote analyst Andreas Riemann in a study published on Wednesday. Sales and earnings are likely to return to double-digit percentage growth in the second half of the year. The expert therefore raised his expectations for profitability./bek/tih

Publication of the original study: 24.01.2024 / 07:25 / CET

First dissemination of the original study: 24.01.2024 / 07:35 / CET

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