Is On Holding Stock Going to $45? 1 Wall Street Analyst Thinks So.
On AG(ONON) fool.com·2024-05-17 15:05
On Holding stock is on the run with sales surging.After seeing sales rise by 55% in 2023, On Holding (ONON 0.60%) had a strong start to 2024 as well, reporting first-quarter results on May 14. That helped Needham analyst Anna Andreeva boost her optimism for the stock in a report released this week.Andreeva reiterated her buy rating on shares of the Swiss outdoor footwear and apparel company and raised the price target from $40 to $45 per share. That projected share price is about 25% higher than where the s ...