Goldman Sachs Maintains Buy on On Holding, Lowers Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Richard Edwards maintains a Buy rating on On Holding (NYSE:ONON) but lowers the price target from $41 to $38.

August 18, 2023 | 10:22 am
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NEUTRAL IMPACT
Goldman Sachs maintains a Buy rating on On Holding but lowers the price target from $41 to $38.
The news is directly related to On Holding. While the maintained Buy rating is positive, the lowered price target might indicate a potential downside, which could have a neutral to slightly negative impact on the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100