Adidas (OTCMKTS:ADDYY) Stock Rating Upgraded by Barclays
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thecerbatgem.comAdidas (OTCMKTS:ADDYY) Stock Rating Upgraded by Barclays
Barclays raised shares of Adidas from an "equal weight" rating to an "overweight" rating in a report on Tuesday.
(Teleborsa) - The Adidas title travels positive on the Frankfurt Stock Exchange, marking a rise of little more than 1%, after Barclays has improved its judgment from equal weight to overweight and the price...
Adidas Stock Jumps 2% as Barclays Raises Price Target to €210
Adidas stock price jumped 2% to €150.83 on Wednesday after Barclays upgraded the German sportswear company, citing improving execution, market-share gains and a stronger product pipeline. The move took Adidas shares as high as €151.33 intraday, after opening at €149.25. The rally follows a difficult period for the stock, which remains well below its 52-week high despite Wednesday’s rebound. The immediate catalyst was a bullish call from Barclays…
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