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Benzinga
Benzinga
Business
Adam Eckert

On Holding Analyst Says Q2 Could Be 'Bumpy,' Expects Swiss Footwear Company To Outperform Long Term

On Holding Bangkok,,Thailand,-,January,20,2024,:,On,Cloud,5,Is

On Holding AG (NYSE:ONON) shares are bouncing back after Raymond James downgraded the stock on Tuesday, but the stock is still down approximately 2.5% for the week.

What To Know: Yesterday, Raymond James analyst Rick Patel downgraded On Holding from Strong Buy to Outperform this week, citing updated foreign exchange and tariff assumptions.

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