Goldman Sachs Maintains Buy on On Holding, Raises Price Target to $47
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Richard Edwards maintains a Buy rating on On Holding (NYSE:ONON) and raises the price target from $41 to $47.
July 03, 2024 | 9:13 am
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Goldman Sachs has reaffirmed its Buy rating on On Holding and increased the price target from $41 to $47, indicating confidence in the company's future performance.
The raised price target from a reputable firm like Goldman Sachs suggests strong future performance expectations for On Holding. This is likely to positively influence investor sentiment and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100