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On Holding Has Meaningful Growth Opportunities, Says Bullish Analyst

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On Holding AG (NYSE:ONON) was among the two growth stocks named by Jim Cramer in the athletic apparel industry.

The Switzerland-based company’s growth is poised to accelerate. Its marketing will also pick up as the Olympics begin, according to Truist Securities.

The On Holding Analyst: Joseph Civello upgraded the rating for On Holding from Hold to Buy, while raising the price target from $34 to $46.

The On Holding Thesis: Trends for the company have remained strong, “despite some broader discretionary pressure,” Civello said in …

Full story available on Benzinga.com

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