Shares of Onestream, Inc. (NASDAQ:OS - Get Free Report) reached a new 52-week high on Monday after Needham & Company LLC raised their price target on the stock from $35.00 to $38.00. Needham & Company LLC currently has a buy rating on the stock. Onestream traded as high as $35.39 and last traded at $34.94, with a volume of 859996 shares. The stock had previously closed at $32.34.
OS has been the topic of a number of other research reports. Bank of America increased their target price on Onestream from $35.00 to $36.00 and gave the stock a "buy" rating in a research note on Wednesday, September 4th. Loop Capital assumed coverage on Onestream in a research note on Monday, August 19th. They set a "buy" rating and a $35.00 price target on the stock. Robert W. Baird raised their price target on Onestream from $35.00 to $38.00 and gave the company an "outperform" rating in a research note on Friday. Wolfe Research began coverage on Onestream in a research report on Monday, August 19th. They set an "outperform" rating and a $32.00 price objective on the stock. Finally, Baird R W raised Onestream to a "strong-buy" rating in a research report on Thursday, August 1st. Two research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $35.00.
Check Out Our Latest Analysis on OS
Institutional Investors Weigh In On Onestream
Several institutional investors and hedge funds have recently modified their holdings of the company. TimesSquare Capital Management LLC purchased a new stake in shares of Onestream in the 3rd quarter valued at $67,746,000. Primecap Management Co. CA purchased a new stake in shares of Onestream in the 3rd quarter valued at $9,017,000. Seven Grand Managers LLC purchased a new stake in Onestream during the 3rd quarter worth about $6,780,000. King Luther Capital Management Corp acquired a new stake in Onestream in the 3rd quarter valued at about $3,051,000. Finally, Dakota Wealth Management acquired a new stake in Onestream in the 3rd quarter valued at about $2,412,000.
Onestream Price Performance
The stock's 50-day moving average price is $30.88.
About Onestream
(
Get Free Report)
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.
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