Onestream (NASDAQ:OS) Given New $37.00 Price Target at Morgan Stanley

Onestream (NASDAQ:OS - Get Free Report) had its price target raised by equities research analysts at Morgan Stanley from $35.00 to $37.00 in a note issued to investors on Tuesday,Benzinga reports. The firm presently has an "equal weight" rating on the stock. Morgan Stanley's price objective would indicate a potential upside of 9.02% from the stock's previous close.

A number of other analysts have also recently weighed in on the company. Raymond James upped their price target on Onestream from $34.00 to $35.00 and gave the company an "outperform" rating in a research report on Friday. Needham & Company LLC raised their target price on Onestream from $35.00 to $38.00 and gave the stock a "buy" rating in a research report on Friday. BMO Capital Markets initiated coverage on Onestream in a report on Monday, September 23rd. They set an "outperform" rating and a $38.00 price target on the stock. Truist Financial reiterated a "buy" rating and issued a $37.00 price target (up previously from $35.00) on shares of Onestream in a research note on Wednesday, September 4th. Finally, Loop Capital started coverage on shares of Onestream in a report on Monday, August 19th. They set a "buy" rating and a $35.00 price objective on the stock. Two equities research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $35.50.

Onestream Price Performance

Shares of Onestream stock traded down $0.39 during trading hours on Tuesday, hitting $33.94. 701,160 shares of the company's stock traded hands, compared to its average volume of 668,173. Onestream has a twelve month low of $24.50 and a twelve month high of $35.39. The stock has a 50 day moving average of $30.88.

Institutional Investors Weigh In On Onestream

Institutional investors and hedge funds have recently bought and sold shares of the company. First Horizon Advisors Inc. acquired a new stake in Onestream during the 3rd quarter valued at approximately $27,000. RiverPark Advisors LLC bought a new position in Onestream during the 3rd quarter valued at $92,000. Precision Wealth Strategies LLC bought a new stake in shares of Onestream during the 3rd quarter worth $338,000. Atria Investments Inc bought a new stake in shares of Onestream during the 3rd quarter worth $425,000. Finally, US Bancorp DE purchased a new stake in Onestream in the 3rd quarter worth about $569,000.

About Onestream

OneStream, Inc develops corporate performance management software solutions primarily to perform financial statement consolidation and planning and budgeting. Its solutions include financial close and consolidation that streamlines financial processes with capabilities designed to automate tasks and manage the complexity and standards of financial reporting and consolidation; financial and operational planning and analysis that enables financial and operational planning, budgeting, forecasting, and results analysis for individual business functions and the synchronization of plans across the entire organization; and financial and operational reporting that provides end-to-end visibility of analytics and key metrics to various stakeholders, including executives, Finance professionals, line-of-business leaders, and other business partners.