Analysts Offer Insights on Consumer Cyclical Companies: Tapestry (TPR) and On Holding AG (ONON)
There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Tapestry (TPR – Research Report) and On Holding AG (ONON – Research Report) with bullish sentiments.
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Tapestry (TPR)
In a report released yesterday, Aneesha Sherman from Bernstein maintained a Buy rating on Tapestry, with a price target of $150.00. The company’s shares closed last Wednesday at $132.24.
According to TipRanks.com, Sherman is a 4-star analyst with an average return of
Tapestry has an analyst consensus of Strong Buy, with a price target consensus of $139.46, implying a 6.4% upside from current levels. In a report issued on January 6, Barclays also maintained a Buy rating on the stock with a $154.00 price target.
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On Holding AG (ONON)
KeyBanc analyst Ashley Owens maintained a Buy rating on On Holding AG today and set a price target of $58.00. The company’s shares closed last Wednesday at $46.30.
According to TipRanks.com, Owens is a 1-star analyst with an average return of
Currently, the analyst consensus on On Holding AG is a Strong Buy with an average price target of $61.50, representing a 34.4% upside. In a report issued on January 19, Goldman Sachs also upgraded the stock to Buy with a $59.00 price target.
