Stocks
JPMorgan Raises On Holding AG Price Target to $44.00
On Holding AG (ONON) has had its price target raised to $44.00 by investment analysts at JPMorgan Chase & Co.
The upgrade from a previous target of $41.00 was announced on Thursday, Benzinga reports.
The firm currently has an 'overweight' rating on the stock and believes that ONON's current price could potentially rise by 45.53%.
This is not the only change to ONON's price target recently; Raymond James Financial downgraded ON from a 'strong-buy' rating to an 'outperform' rating and reduced their price objective for the company from $52.00 to $38.00 in a research note on August 12th.
Additionally, Morgan Stanley began coverage on shares of ON with an 'overweight' rating and a $39.00 price target on September 10th.