What exactly did Citi change in the Feb 03 2026 ADDYY analyst rating?

Citi maintained a **Buy** on adidas AG but cut the price target from **EUR 270** to **EUR 257** on February 03, 2026. The rating stayed Buy while the lower target signals reduced near-term upside expectations.

How should investors interpret the Citi maintained Buy for ADDYY?

A maintained Buy with a lower price target means Citi still favors adidas AG but expects weaker short-term results. Investors can view it as caution on execution while keeping medium-term interest in the stock.

Does the ADDYY analyst rating change require selling shares now?

Not necessarily. A price target cut alone is rarely a sell signal. The maintained Buy suggests Citi sees ongoing upside. Investors should reassess holdings based on personal risk tolerance and upcoming fundamentals.

Where can I read the Citi note on the ADDYY analyst rating?

TheFly summarized Citi’s note on February 03, 2026 reporting the maintained Buy and reduced target. See the coverage here [source](https://thefly.com/permalinks/entry.php/id4283879/3807286394/ADDYY-Adidas-price-target-lowered-by-EUR--at-Citi).

Analyst Ratings

Citi Maintains Buy on ADDYY adidas AG Feb 03 2026, Cuts PT to EUR 257

ByDanny Kontos February 4, 2026

Citigroup on February 03, 2026 maintained its Buy on adidas AG (ADDYY) while lowering its price target to EUR 257. The note, logged at 01:26 PM, appears as Citi keeps a constructive stance but trims upside. The ADDYY analyst rating update signals a more cautious profit outlook from one major house while retaining confidence in brand and long-term growth. Investors should note the split: rating maintained, target reduced, which often signals near-term pressure with longer-term conviction.