adidas (OTCMKTS:ADDYY – Get Rating) had its target price increased by stock analysts at Royal Bank of Canada from €100.00 ($103.09) to €120.00 ($123.71) in a research note issued to investors on Tuesday, The Fly reports. Several other equities research analysts also recently commented on ADDYY. The Goldman Sachs Group downgraded adidas from a 'buy' rating to a 'neutral' rating in a report on Monday, September 26th. UBS Group downgraded adidas from a 'buy' rating to a 'neutral' rating in a report on Friday, July 29th.

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