Federer-backed On lifts annual sales forecast on strong holiday season demand
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On Holding AG (ONON) PT Raised to $62 at Telsey
November 13, 2024 6:40 AM ESTTelsey analyst Cristina Fernandez raised the price target on On Holding AG (NYSE: ONON) to $62.00 (from $53.00) while maintaining a Outperform rating.
The analyst comments "TAG Vie w: On's global brand awareness took a step forward in 3Q24 helped by marketing and new products, allowing On to... More
On Holding AG (ONON) PT Raised to $57 at Goldman Sachs
November 12, 2024 4:10 PM ESTGoldman Sachs analyst Richard Edwards raised the price target on On Holding AG (NYSE: ONON) to $57.00 (from $50.00) while maintaining a Buy rating.
The analyst comments "On Holding reported 3Q24 adj. EBITDA of CHF 120.1mn, driven by net sales of CHF 635.8mn, +32.3% yoy and +33.2% cFX. Group gross margin came in at 60.6%, +70bps yoy, driving adj. EBITDA margins of 18.9%.... More
On Holding AG (ONON) PT Raised to $61 at Truist Securities
November 12, 2024 3:01 PM ESTTruist Securities analyst Joseph Civello raised the price target on On Holding AG (NYSE: ONON) to $61.00 (from $58.00) while maintaining a Buy rating.
The analyst comments "ONON shares were down ~2% today (S&P 500 down ~1%) despite a solid beat & raise due... More
Stifel Reiterates Buy Rating on On Holding AG (ONON)
November 12, 2024 7:49 AM ESTStifel analyst Jim Duffy reiterated a Buy rating and $59.00 price target on On Holding AG (NYSE: ONON).
The analyst comments "3Q24 revenue of CHF 635.8mn and adj. EBITDA of CHF 120.1mn topped Stifels CHF 613.7mn revenue and CHF 106.9mn estimates (Street CHF... More
