On Holdings shares are trading higher amid a rebound after the stock dipped yesterday following the company's Q4 financial results. Also, TD Cowen maintained an Outperform rating on the stock and raised its price target from $35 to $36.
Portfolio Pulse from Benzinga Newsdesk
On Holdings shares are experiencing an increase in trading volume and price following a previous dip due to the company's Q4 financial results. Additionally, TD Cowen has reaffirmed its Outperform rating on the stock and increased the price target from $35 to $36.
March 13, 2024 | 7:13 pm
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On Holdings shares are on the rise after a recent dip, buoyed by positive analyst sentiment from TD Cowen, which raised its price target.
The rebound in On Holdings' stock price can be attributed to the market's recovery from the initial reaction to the Q4 financial results and the positive reinforcement from TD Cowen's maintained Outperform rating and raised price target. This suggests a strong vote of confidence from analysts, likely influencing investor sentiment positively.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100