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 20, 2023 | 1:18 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 likely to have a positive impact on ONON's stock price.
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