HSBC sees a rosy outlook ahead for Amer Sports . The bank upgraded shares of the sporting goods company — which owns Arc'teryx jackets that retail for hundreds of dollars, as well as the Salomon and Wilson brands — to buy from hold. Analyst Akshay Gupta also lifted his price target to $50 per share from $38, signaling nearly 23% upside. Gupta pointed to the strong "growth compounding nature" of the outdoor performance segment, especially on a global basis. "While the equity story was previously mostly driven by the Arc'teryx brand and the Greater China market, the recipe of success is already starting to work in other parts of the portfolio and in Asia," he wrote. "In Asia ex Greater China, both Arc'teryx and Salomon continue to make great strides, with the region growing the fastest and c

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