ONON - On Holding To Gain From Pace Of Product Introductions & Margin Expansion In Q1: Analyst | Benzinga
Telsey Advisory Group analyst Cristina Fernández reiterated the Outperform rating on On Holding AG (NYSE:ONON), with an unchanged price forecast of $37.
On reports first quarter results on Tuesday, May 14, before the markets open.
According to Fernández, On will have had a strong start to the year given its pace of product introductions, including Cloudmonster 2, Cloudspark, and Cloudsurfer Trail in running, Cloudpulse in walking, Cloudtilt in training, and THE ROGER Clubhouse Pro in tennis.
In April, Cloudmonster Hyper was introduced, and the analyst sees a large focus on running heading into the Summer ...