Morgan Stanley Reiterates Overweight on On Holding, Maintains $34 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Alex Straton reiterated an Overweight rating on On Holding (NYSE:ONON) and maintained a $34 price target.
June 12, 2023 | 2:06 pm
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Morgan Stanley's Alex Straton reiterated an Overweight rating on On Holding (NYSE:ONON) and maintained a $34 price target.
The reiteration of an Overweight rating by Morgan Stanley's analyst indicates a positive outlook for On Holding's stock in the short term. The maintained $34 price target suggests that the analyst believes the stock has potential for growth. This news is highly relevant and important for investors in ONON, and the confidence in the analysis is high due to the reputation of Morgan Stanley and its analyst.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100