Morgan Stanley Reiterates Overweight on On Holding, Maintains $34 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Alex Straton has reiterated an Overweight rating on On Holding (NYSE:ONON) and maintained a $34 price target.

July 17, 2023 | 2:21 pm
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Morgan Stanley has reiterated an Overweight rating on On Holding and maintained a $34 price target.
The reiteration of an Overweight rating by Morgan Stanley indicates a positive outlook for On Holding. The maintained price target of $34 suggests that the analyst believes the stock is still undervalued at current levels. This could lead to increased investor interest and potentially a rise in the stock's price in the short term.
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