Wedbush Reiterates Outperform on On Holding, Maintains $36 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Tom Nikic has reiterated an Outperform rating on On Holding (NYSE:ONON) and maintained a $36 price target.
October 05, 2023 | 12:25 pm
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Wedbush analyst Tom Nikic has reiterated an Outperform rating on On Holding and maintained a $36 price target.
The reiteration of an Outperform rating by a reputable analyst like Tom Nikic from Wedbush indicates a positive outlook for On Holding. The maintained price target of $36 also suggests that the analyst believes the stock is undervalued, which could lead to upward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100