Truist Securities Reiterates Buy Rating on On Holding AG (ONON)

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Go back to Truist Securities Reiterates Buy Rating on On Holding AG (ONON)

Goldman Sachs downgrades ON on competition risks

February 12, 2025 10:12 AM EST

Investing.com -- Goldman Sachs downgraded On Holding AG (NYSE: ONON) to "Neutral" from "Buy" on a more competitive landscape and limited near-term upside despite strong brand momentum.

Ons competitors... More

Goldman Sachs Downgrades On Holding AG (ONON) to Neutral

February 12, 2025 4:27 AM EST

Goldman Sachs analyst Richard Edwards downgraded On Holding AG (NYSE: ONON) from Buy to Neutral with a price target of $57.00.

The analyst comments: "We expect On's brand momentum to remain robust over the medium term, noting that recent datapoints reinforce this view, with Google search interest at an all-time high, and HundredX data... More