Truist Securities Upgrades On Holding to Buy, Raises Price Target to $46
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has upgraded On Holding (NYSE:ONON) from Hold to Buy and raised the price target from $34 to $46, as per analyst Joseph Civello.
May 28, 2024 | 10:23 am
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Truist Securities has upgraded On Holding (NYSE:ONON) from Hold to Buy and raised the price target from $34 to $46, indicating a positive outlook for the stock.
The upgrade from Hold to Buy and the significant increase in the price target from $34 to $46 by Truist Securities suggests a strong positive outlook for On Holding. This is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100