MUNICH (dpa-AFX Broker) - Baader Bank raised its price target for Adidas ahead of quarterly results from 120 to 133 euros, but left its rating at "reduce". All eyes were on the first statements of the new boss Björn Gulden, wrote analyst Volker Bosse in a study presented on Tuesday. There are uncertainties regarding costs and consumer sentiment. Meanwhile, the higher price target is based on increased market valuations and the shift of the valuation period to 2024./bek/tih

Publication of the original study: 31.01.2023 / 11:58 / CET

First disclosure of original study: 31.01.2023 / Time not specified in study / Time zone not specified in study

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