Baird lowered the firm’s price target on OneStream (OS) to $30 from $38 and keeps an Outperform rating on the shares. The firm updated its model following Q4 results and sees macro challenges weighing on deals and its outlook.
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Read More on OS:
- OneStream’s Strong Q4 Performance and Long-Term Prospects Justify Buy Rating Despite Short-Term Challenges
- Onestream, Inc.: Overcoming Short-term Challenges with Growth Investments and Market Demand
- Onestream, Inc. Class A: Buy Rating Backed by Strong Subscription Growth and Attractive Valuation Amid Short-term Challenges
- OneStream downgraded to Neutral from Overweight at JPMorgan
- OneStream, Inc. Reports Strong Subscription Revenue Growth