Raymond James downgraded On Holding (ONON) to Outperform from Strong Buy with a $66 price target The firm cites near-term macro headwinds for the downgrade, but remains bullish on the long-term, the analyst tells investors in a research note. Wholesale should slow quarter over quarter in Q2 on the timing of launches, but Raymond James still sees an attractive runway for growth.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ONON:
- On Holding downgraded to Outperform from Strong Buy at Raymond James
- Positive Outlook for On Holding AG: Buy Rating Supported by Growth Trajectory and Strategic Initiatives
- Unusually active option classes on open July 18th
- 3 Best Stocks to Buy Now, 7/2/2025, According to Top Analysts
- On Holding AG: Strong Brand and Growth Potential Justify Buy Rating Despite Minor Price Objective Adjustment