Telsey Advisory Group Reiterates Outperform on On Holding, Maintains $40 Price Target
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group analyst Joseph Feldman has reiterated an 'Outperform' rating on On Holding (NYSE:ONON) and maintained a $40 price target.
August 15, 2023 | 11:40 am
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On Holding's stock rating has been reiterated as 'Outperform' by Telsey Advisory Group, with a maintained price target of $40.
The reiteration of an 'Outperform' rating by a reputable analyst group like Telsey Advisory indicates a positive outlook for On Holding. The maintained price target of $40 also suggests that the analyst believes the stock is still undervalued, which could lead to upward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100