OneStream shares are trading higher after BMO Capital initiated coverage on the stock with an Outperform rating and announced a $38 price target.
Portfolio Pulse from Benzinga Newsdesk
OneStream shares rise as BMO Capital initiates coverage with an Outperform rating and a $38 price target.
September 23, 2024 | 6:23 pm
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POSITIVE IMPACT
BMO Capital's initiation of coverage on OneStream with an Outperform rating and a $38 price target has led to an increase in the stock's trading price.
The initiation of coverage by a reputable financial institution like BMO Capital with a positive rating and a specific price target often leads to increased investor confidence and buying activity, driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100