The Latest Analyst Ratings for On Holding
Portfolio Pulse from Benzinga Insights
On Holding (NYSE:ONON) has received a mix of bullish and somewhat bullish analyst ratings over the last quarter, with no bearish sentiments. The company's average 12-month price target is $36.58, which is a decrease of 3.74% from the previous target of $38.00. The high target is $40.00 and the low is $29.00. Analysts provide these ratings based on research and insights into the company's financials and market position.
December 14, 2023 | 7:00 pm
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POSITIVE IMPACT
On Holding has received predominantly bullish and somewhat bullish ratings from analysts, with an average 12-month price target of $36.58, down from $38.00. The sentiment is positive, but the reduced target suggests caution.
The positive analyst ratings for ONON, with no bearish or somewhat bearish opinions, indicate a strong positive sentiment towards the stock. However, the decrease in the average price target may temper expectations slightly. The short-term impact is likely to be positive as the market often reacts favorably to bullish analyst ratings, but the reduced price target suggests that the upside may be more limited than previously thought.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100