BofA Slashes PT on On Holding (ONON) to $62 From $73, Keeps a Buy Rating
On Holding AG (NYSE:ONON) is one of the best large cap stocks with more than 50% upside. On October 6, BofA analyst Thierry Cota slashed the price target on On Holding AG (NYSE:ONON) to $62 from $73 while maintaining a Buy rating on the stock. Why On Holding AG (ONON) Surged Yesterday The firm told investors that it expects 32% organic sales growth in fiscal Q3, as well as 21.5% in the “key” Americas region. The analyst further stated that the risk perception on On Holding AG (NYSE:ONON) may rise, reaso ...