On Holding price target lowered to $54 from $68 at Raymond James

1 year ago 134

TipRanks

Fri, Apr 11, 2025, 7:31 AM 1 min read

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Raymond James lowered the firm’s price target connected On Holding (ONON) to $54 from $68 and keeps a Strong Buy standing connected the shares. The steadfast tells investors successful a probe enactment that tariffs volition predominate net calls and banal narratives, but doubts companies volition connection details connected fiscal impacts fixed rapidly changing authorities messaging, the expert tells investors successful a probe note. If Liberation Day tariffs stick, the steadfast expects a important antagonistic interaction connected gross margins and EPS, and would expect collateral harm to request arsenic user spending would apt propulsion backmost if ostentation accelerates.

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