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Adidas is tipped by Deutsche Bank to have a strong year

Jan. 27, 2022 7:00 AM ETadidas AG (ADDYY) StockBy: Clark Schultz, SA News Editor

Businessman draws increase arrow graph corporate future growth year 2021 to 2022. Development to success and motivation.

Galeanu Mihai/iStock via Getty Images

Deutsche Bank reiterates a Buy rating on Adidas (OTCQX:ADDYY) and takes its price target to €345 on small upward changes to estimates. The firm thinks the power of the Adidas brand is on the rise.

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