Morgan Stanley Maintains Overweight on On Holding, Maintains $32 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Alex Straton maintains an Overweight rating on On Holding (NYSE:ONON) with a $32 price target, indicating a positive outlook on the company's stock.
April 22, 2024 | 5:27 pm
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POSITIVE IMPACT
Morgan Stanley maintains an Overweight rating on On Holding with a $32 price target.
The maintenance of an Overweight rating and a $32 price target by a reputable analyst like Alex Straton from Morgan Stanley suggests a strong confidence in On Holding's future performance. This positive outlook is likely to influence investor sentiment positively in the short term, potentially leading to an increase in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100