Piper Sandler Raises Onestream (NASDAQ:OS) Price Target to $37.00

Onestream (NASDAQ:OS - Get Free Report) had its price target raised by stock analysts at Piper Sandler from $34.00 to $37.00 in a research note issued on Friday,Benzinga reports. The brokerage presently has an "overweight" rating on the stock. Piper Sandler's price objective would suggest a potential upside of 14.41% from the company's previous close.

OS has been the topic of several other research reports. Raymond James lifted their target price on Onestream from $32.00 to $34.00 and gave the company an "outperform" rating in a research note on Wednesday, September 4th. Wolfe Research started coverage on shares of Onestream in a research report on Monday, August 19th. They set an "outperform" rating and a $32.00 price objective on the stock. Scotiabank upped their target price on shares of Onestream from $34.00 to $35.00 and gave the stock a "sector outperform" rating in a research report on Friday. Loop Capital initiated coverage on shares of Onestream in a report on Monday, August 19th. They issued a "buy" rating and a $35.00 price target on the stock. Finally, Bank of America increased their price objective on shares of Onestream from $35.00 to $36.00 and gave the company a "buy" rating in a report on Wednesday, September 4th. Two investment 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 stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $35.00.

Onestream Stock Down 3.3 %

Shares of NASDAQ OS traded down $1.09 during trading on Friday, hitting $32.34. The company had a trading volume of 1,688,116 shares, compared to its average volume of 639,867. Onestream has a 12 month low of $24.50 and a 12 month high of $35.17. The company has a 50 day simple moving average of $30.78.

Institutional Trading of Onestream

Institutional investors and hedge funds have recently made changes to their positions in the company. RiverPark Advisors LLC bought a new position in Onestream in the third quarter worth approximately $92,000. Precision Wealth Strategies LLC bought a new position in shares of Onestream in the 3rd quarter worth $338,000. Atria Investments Inc purchased a new stake in shares of Onestream during the 3rd quarter worth $425,000. US Bancorp DE bought a new stake in Onestream during the third quarter valued at about $569,000. Finally, Portside Wealth Group LLC purchased a new position in Onestream in the third quarter valued at about $593,000.

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.