Stifel Maintains Buy on On Holding, Raises Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Jim Duffy has reaffirmed a Buy rating on On Holding (NYSE:ONON) and increased the price target from $36 to $40, indicating a positive outlook on the company's stock.
December 14, 2023 | 2:24 pm
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Stifel analyst Jim Duffy maintains a Buy rating on On Holding and raises the price target from $36 to $40, suggesting confidence in the company's future performance.
The increase in price target by a reputable analyst typically signals a positive outlook on the stock, which can lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100