Needham Maintains Buy on On Holding, Raises Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Anna Andreeva maintains a Buy rating on On Holding (NYSE:ONON) and raises the price target from $40 to $45.
May 15, 2024 | 10:08 am
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POSITIVE IMPACT
Needham analyst Anna Andreeva maintains a Buy rating on On Holding and raises the price target from $40 to $45, indicating confidence in the company's future performance.
The raised price target from $40 to $45 by a reputable analyst suggests increased confidence in On Holding's future performance. This is likely to positively impact the stock price in the short term as investors react to the upgraded target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100