On Holding AG (ONON) August 40 straddle priced into quarter results

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On Holding AG (ONON) PT Raised to $50 at Goldman Sachs

August 13, 2024 4:49 PM EDT

Goldman Sachs analyst Richard Edwards raised the price target on On Holding AG (NYSE: ONON) to $50.00 (from $47.00) while maintaining a Buy rating.

The analyst comments "On Holding reported 2Q24 adj. EBITDA of CHF 90.8mn, driven by net sales of CHF 567.7mn, +27.8% yoy and +29.4% cFX. Group gross margin came in at... More

BTIG Reiterates Neutral Rating on On Holding AG (ONON)

August 13, 2024 1:51 PM EDT

BTIG analyst Janine Stichter reiterated a Neutral rating on On Holding AG (NYSE: ONON).

The analyst comments "Q2 offered puts and takes for investors to digest, with a revenue and Adj. EBITDA beat, but slower DTC performance (which contributed to a slight GM... More