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Baird Downgrades adidas to Neutral Rating, Lowers PT

MT Newswires·09/14/2026 08:31:24
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08:31 AM EDT, 09/14/2026 (MT Newswires) -- Baird on Monday downgraded German sportswear maker adidas (ADS.F) to neutral from outperform and lowered its price target to 165 euros from 180 euros. (MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)