Bernstein upgrades Adidas ADR to 'outperform' with a price target of $112.32

  • Investing.com
Bernstein upgrades Adidas ADR to 'outperform' with a price target of $112.32
Credit: © Reuters.

An analyst from Bernstein upgraded Adidas ADR (OTC: ADDYY ) from 'market perform' to 'outperform' with a price target of $112.32 from a prior price target of $91.63.

Prior to this rating, Adidas ADR had 0 buy ratings, 3 hold ratings, and 0 sell ratings.

For consensus analyst estimates and price targets on Adidas ADR, click here. For more news on Adidas ADR, click here.

Adidas ADR's stock price closed at $86.19. They are down -3.8% in the last month and down -2.33% in the last 12 months.

According to Investing Pro, Adidas ADR's fair value is $93.80, an upside of 10.11%. Adidas ADR's fair value comes with a medium degree of uncertainty, according to InvestingPro.

Check out Adidas ADR's recent earnings performance and financials here.

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