'We see a continued upward bias to estimates (have beat/raised past eight quarters) and good support for the stock in the low-to-mid $20s (i.e., 4.0-4.5% of NKE’s market capitalization vs. On Holding AG is said to have a clear ambition to grow beyond its legacy running brand positioning and become a leading premium global sportswear brand rooted in innovation, design, sustainability, and the power of movement. Komp said senior leaders from the Swiss company presented credible strategies to become a global premium Sportswear brand spanning footwear categories that include running, outdoor, training, tennis, court, and performance all day. Analyst Jonathan Komp said the in-person portion of last week’s investor day event in Zurich reinforced its confidence in current On Holding ( ONON ) brand health and the upcoming three-year pipeline of growth drivers. On Holding AG ( NYSE: ONON) landed a bull rating from Baird after impressing the firm with its Investor Day presentation.īaird moved to an Outperform rating on the footwear stock after having it slotted at Neutral.
