ONON - ONON's Premium Positioning To Drive Stellar Margins: Analyst Bullish On Brand Leverage And Asia-Pacific Investments | Benzinga
Baird analyst Jonathan R. Komp upgraded On Holding AG (NYSE: ONON) to Outperform from Neutral and maintained a price target of $33.
The analyst is bullish on ONON as it provided strategic priorities and three-year and long-term financial targets last week.
The company expects to double its 2023-2026 net sales to at least CHF 3.55 billion by 2026, reflecting a CAGR of over 26%.
ONON disclosed the long-term targets to achieve an apparel share of 10%+, a retail share of ...