BUZZ — Amer Sports rises as Jefferies starts at 'buy'

* Shares of Wilson tennis racket maker Amer Sports gain 1.41% to $28.77 premarket * Jefferies starts coverage with "buy" rating; PT of $42 implies a 48% upside to stock's last close * Brokerage sees outdoor apparel brand Salomon a "compelling second engine of growth" and growth at Arc'teryx, known for its trail-running shoes, shifting to North America, EMEA and women's products from China * Notes AS raised 2025 guidance four times, topped sales estimates in all 11 quarters since IPO * 24 of 25 brokerages rate the stock "buy" or above, 1 "hold"; median PT: $46.92 - data compiled * As of last close, stock down 24% YTD (Reporting by Miraanta Lowrance in Bengaluru) ((miraanta.lowrance@thomsonreuters.com)