BofA raised the firm’s price target on OneStream (OS) to $33 from $29 and keeps a Buy rating on the shares. After having attended the “impressive and well attended” user conference Splash this week, the firm came away more confident in the potential for OneStream to be a long-term share gainer, the analyst tells investors. The firm believes the event should be a good pipeline generator for its core offerings and new offerings, which is increasing its confidence that there is upside potential to the company’s 2025 revenue and non-GAAP operating margin targets, the analyst added.
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