Keybanc Maintains Overweight on On Holding, Raises Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Ashley Owens maintains an Overweight rating on On Holding (NYSE:ONON) and raises the price target from $47 to $60.
September 26, 2024 | 11:18 am
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Keybanc analyst Ashley Owens has increased the price target for On Holding from $47 to $60 while maintaining an Overweight rating, indicating a positive outlook for the stock.
The increase in price target from $47 to $60 by Keybanc, along with maintaining an Overweight rating, suggests a strong positive sentiment from the analyst. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100