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On Holding AG Surges to 434th in Daily Rankings with $198 Million Turnover Despite Recent Stock Decline

Market BriefFriday, Mar 28, 2025 8:05 pm ET
1min read

On March 28, 2025, on holding ag (ONON) saw a significant increase in trading volume, with a turnover of $198 million, marking a 37.56% rise from the previous day. This surge placed onon at the 434th position in the daily stock market rankings. However, the stock has been on a downward trend, falling 4.02% over the past four days, accumulating a total decline of 8.63%.

Morgan Stanley analyst Alexandra Straton has maintained a Buy rating on On Holding AG, setting a price target of $66.00. Straton is recognized as a 4-star analyst with a 5.3% average return and a 58.28% success rate, focusing on the Consumer Cyclical sector. The overall analyst consensus for On Holding AG is a Strong Buy, with an average price target of $65.39, suggesting a 42.00% upside from current levels. TD Cowen also reiterated a Buy rating with a $64.00 price target.

Ask Aime: What is the latest outlook for On Holding AG (ONON) after Morgan Stanley's Buy rating and its market performance?

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Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.
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