Adidas target raised at Deutsche Bank on stronger earnings outlook

Goldman Sachs has increased the price target for IHG to $190, driven by a stronger RevPAR outlook. Simultaneously, Deutsche Bank has raised its target for Adidas following a more positive earnings outlook. Both financial institutions have adjusted their valuations upward based on these improved performance expectations for the respective companies. These updates reflect a growing confidence in the future financial trajectory of both the hospitality and sportswear sectors as reported by the analysts.