On Holding shares are trading higher after Piper Sandler maintained the stock with an Overweight rating and raised the price target from $37 to $39.
Portfolio Pulse from Benzinga Newsdesk
On Holding shares experienced an increase in value following Piper Sandler's decision to maintain an Overweight rating on the stock, while also raising the price target from $37 to $39.
March 21, 2024 | 7:14 pm
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POSITIVE IMPACT
On Holding's stock price is likely to see a short-term increase following Piper Sandler's positive rating and raised price target from $37 to $39.
Analyst ratings and price target adjustments are significant indicators of a stock's potential performance. Piper Sandler's decision to maintain an Overweight rating and increase the price target for On Holding suggests a strong confidence in the company's future performance, which is likely to positively influence investor sentiment and drive up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100