Truist Securities Maintains Hold on On Holding, Raises Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Joseph Civello has maintained a Hold rating on On Holding (NYSE:ONON) and increased the price target from $29 to $30.

March 13, 2024 | 12:26 pm
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Truist Securities maintains a Hold rating on On Holding and raises the price target from $29 to $30.
The increase in price target by Truist Securities suggests a positive outlook on On Holding's stock value in the short term. While the Hold rating indicates that the stock might not have significant upside potential, the raised target price implies an expectation of steady growth or positive performance. This could lead to increased investor confidence and potentially a slight uptick in stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100