Evercore ISI analyst Michael Binetti raised the firm’s price target on On Holding (ONON) to $60 from $50 and keeps an Outperform rating on the shares. On’s “impressive” Q3 results challenge the bear case and reinforce the growth story, the analyst tells investors.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ONON:
- On Holding price target raised to $57 from $55 at TD Cowen
- On Holding price target raised to $75 from $71 at JPMorgan
- On Holding price target raised to $63 from $62 at BofA
- On Holding price target lowered to $60 from $69 at Barclays
- On Holding AG: Strong Growth and Strategic Innovation Drive Buy Rating