Citigroup: The impact of the progenitor bird on the fireworks show in the Himalayas on the other brands of Anta Sports is limited.
Citigroup analyst research report states that negative public opinion currently only applies to the founder bird, a brand owned by Yama Fan Sports, a joint venture company of Anta. The analyst also mentioned that the impact on Anta's directly operated outdoor brands, Descente and Kolon, may be minimal. Citigroup has a buy rating on Anta with a target stock price of 111.60 Hong Kong dollars.
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