Telsey Advisory Group Reiterates Outperform on On Holding, Maintains $40 Price Target
Portfolio Pulse from richadhand@benzinga.com
Telsey Advisory Group analyst Joseph Feldman has reiterated an 'Outperform' rating on On Holding (NYSE:ONON) and maintained a $40 price target.
August 16, 2023 | 8:17 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 Group indicates a positive outlook for On Holding's stock. The maintained price target of $40 also suggests that the analyst believes the stock is still undervalued, which could lead to upward price movement in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100