UBS Analyst: Arc’teryx, Salomon Brands Continue to Win

UBS analyst Jay Sole says Arc’teryx and Salomon parent Amer Sports Inc. is on a roll. “We expect strong sales and earnings momentum over the near term to positively surprise the market and drive stock outperformance,” Sole said in a recent research note. More from WWD Shares of Amer Sports on Tuesday ended the trading session up 0.1 percent to close at $30.18. Sole has a “Buy” rating on the company’s shares and a $52 price target. UBS’ data analysis plus industry data point to strong topline trends. He’s ...