Wedbush initiated coverage of OneStream (OS) with an Outperform rating and $40 price target OneStream is an enterprise finance management platform that unifies finance and operational data with artificial intelligence to create an operating system for modern finance so enterprises can make better decisions, improve productivity, and meet changing business needs, the analyst tells investors in a research note. The firm says that with over 1,500 customers, the company is doing well to execute on its vision of providing a next-generation financial operating system. It believes OneStream is well positioned to deliver advanced AI solutions at enterprise scale and help CFOs improve business performance.
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Read More on OS:
- OneStream initiated with a Buy at Goldman Sachs
- OneStream exercises option to purchase additional shares in secondary offering
- OneStream 15M share Secondary priced at $31.00
- OneStream files to sell 15M shares of Class A common stock for holders
- OneStream price target raised to $37 from $35 at Morgan Stanley
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