Citi Names Top Pick in Athletic Sector
Citi's Paul Lejuez kept Amer Sports (AS) as his top pick in the athletic sector, citing growth and margin expansion. Citi maintained a Buy rating, $50 price target, and EPS estimates of $1.44 for 2026 and $1.69 for 2027. Amer Sports raised its Q3 2026 revenue growth outlook to 20-22% and updated its long-term revenue and EPS targets.
How this was made
The 30-second read
Why it matters
The new buy rating and price target could attract fresh capital, supporting a rally.
Market read
Analyst endorsement may drive short‑term buying in Amer Sports and influence sector sentiment.
What to watch
Potential supply‑chain constraints and currency headwinds for a Europe‑based company.
Background
Citi’s analyst note follows Amer Sports’ recent investor day and updated guidance, providing fresh analyst perspective.
Ticker impact
Citi reaffirmed its Buy rating and named Amer Sports as its top pick in the athletic sector, setting a $50 price target and updating FY2026‑2027 EPS guidance.
Potential upside toward the $50 target if market prices in the guidance.
Citi’s rating and target are new information that can influence short‑term buying pressure.
Market effects
Highlights growth potential in the athletic apparel and equipment sector, possibly lifting peers.
Positive for European sports‑goods stocks, especially Finnish and Nordic listings.
Limited to investors tracking sector‑specific analyst recommendations.
Counterpoint
Citi’s optimism may be overstated if macro demand for athletic goods softens.
Key entities
- CompanyAmer Sports
Finnish athletic equipment and apparel group.
- Financial InstitutionCiti
Investment bank issuing the analyst recommendation.



