Truist Securities Maintains Hold on On Holding, Raises Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Hold rating on On Holding (NYSE:ONON) and raised the price target from $30 to $34.
May 15, 2024 | 1:52 pm
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Truist Securities has maintained a Hold rating on On Holding and raised the price target from $30 to $34, indicating a positive outlook but suggesting investors should not buy more shares at this time.
The raised price target from $30 to $34 suggests a positive outlook for On Holding's stock. However, the Hold rating indicates that the analyst does not recommend buying more shares at this time, which may lead to a moderate positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100