Barclays raised the firm’s price target on On Holding (ONON) to $64 from $63 and keeps an Overweight rating on the shares. The company reported another strong quarter of share gains and growth, with Q4 posting 35.7% year-over-year sales growth and beating across gross margin and earnings, the analyst tells investors in a research note. The firm says On is still in the early stages of its global growth.
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