Truist Securities Maintains Buy on On Holding, Raises Price Target to $58
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained its Buy rating on On Holding (NYSE:ONON) and increased the price target from $51 to $58, indicating confidence in the company's future performance.
October 03, 2024 | 2:52 pm
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Truist Securities has reaffirmed its Buy rating for On Holding and increased the price target from $51 to $58, suggesting a positive outlook for the company's stock.
The increase in price target from $51 to $58 by Truist Securities indicates a strong positive sentiment towards On Holding's future performance. 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