TD Cowen analyst John Kernan maintains $On Holding (ONON.US)$ with a buy rating, and adjusts the target price from $50 to $58.
According to TipRanks data, the analyst has a success rate of 55.2% and a total average return of 7.0% over the past year.
Furthermore, according to the comprehensive report, the opinions of $On Holding (ONON.US)$'s main analysts recently are as follows:
The brand's ongoing innovation, strategic pricing, and recent commentary on enhancements in automation and warehousing have bolstered confidence in the prospects for Q3 results.
On Holding is recognized for its successful execution, particularly with its strong brand messaging and introduction of innovative products. The company is experiencing a year-over-year rise in product novelty. Notable partnerships with public figures and the significant growth of both new and established offerings underpin confidence in the company's performance for the latter half of the year. Even with the distribution center transition, On Holding's robust execution and favorable results in August indicate sustained momentum without indications of deceleration.
Note:
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