TD Cowen Maintains Buy on On Holding, Raises Price Target to $58
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst John Kernan maintains a Buy rating on On Holding (NYSE:ONON) and raises the price target from $50 to $58.
September 30, 2024 | 3:02 pm
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TD Cowen analyst John Kernan has reiterated a Buy rating for On Holding and increased the price target from $50 to $58, indicating confidence in the company's future performance.
The increase in price target from $50 to $58 by TD Cowen suggests a positive outlook for On Holding, likely leading to a short-term increase in stock price as investors react to the analyst's confidence.
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