ONON - On Holding - The Fastest Growth Story In Consumer Sector: Analyst | Benzinga
Needham analyst Anna Andreeva initiated coverage on On Holding AG (NYSE: ONON) with a Buy rating and a price target of $40.
As a premium, disruptive brand that is still in the early innings of its growth lifecycle with secular tailwinds of health & wellness, On is one of the fastest growth stories in consumer (30%+ Sales and EBITDA growth on average expected in '23/'24), notes the analyst.
While the anticipated door closures in EMEA will ...