J.P. Morgan raised the Adidas target price from 210 euros to 230 euros, Jeffrey raised the Adidas target price from 187 euros to 200 euros, and Piper Sandler raised the Adidas target price from 180 euros to 185 euros. Adidas announced a net profit increase in the third quarter and said recent investments in innovation and marketing are paying off. The German sportswear group's net profit for the quarter ended the end of September was 706 million euros, or 787.4 million US dollars, up from 461 million euros in the same period last year.

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