Barclays raised the firm’s price target on On Holding (ONON) to $69 from $68 and keeps an Overweight rating on the shares post the Q2 report. The company posted “yet another impressive quarter” and its momentum continues into the back half of the year as price increases implemented in July should offset tariff headwinds, driving sales and EBITDA margin expansion, the analyst tells investors in a research note.
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