Truist Securities raises Amer Sports stock price target to $45 from $42

Truist Securities has lowered its stock price target for Lowe's to $256, citing pressures in the housing market. This adjustment reflects concerns about the company's performance amid ongoing challenges in the home improvement sector. The negative sentiment surrounding this decision indicates a cautious outlook for Lowe's in the current economic climate.

Truist Securities has increased its price target for Terns Pharmaceuticals to $35 following positive data from the American Society of Hematology (ASH) conference. This adjustment reflects the firm's confidence in the company's prospects based on the favorable results presented at the event.

Truist Securities has reaffirmed its stock rating for Dick's Sporting Goods, maintaining a target price of $275. This decision reflects the firm's confidence in the company's performance and market position. The reaffirmation comes amid ongoing evaluations of retail stocks, particularly in the sporting goods sector, where consumer demand and market trends are closely monitored. Investors may view this as a positive signal regarding Dick's Sporting Goods' future prospects.

Amer Sports reported a strong performance in its Q3 2025 earnings call, exceeding analysts' expectations and resulting in a surge in its stock price. The company attributed this success to robust sales from its brands, particularly Salomon and Arc'teryx, indicating a positive consumer demand. This performance reflects effective brand strategies and operational resilience amid market challenges.

Amer Sports experienced a significant increase of 9% in its stock price, driven by strong sales from its brands Salomon and Arc’teryx in the third quarter. The positive performance indicates robust consumer demand and effective brand strategies, contributing to a favorable financial outlook for the company. This surge in sales reflects the growing popularity of outdoor and sports equipment, positioning Amer Sports favorably in the competitive market landscape.