Shares of Onestream, Inc. (NASDAQ:OS – Get Free Report) saw unusually-high trading volume on Wednesday after Guggenheim raised their price target on the stock from $34.00 to $35.00. Guggenheim currently has a buy rating on the stock. Approximately 219,372 shares traded hands during trading, a decline of 59% from the previous session’s volume of 536,680 shares.The stock last traded at $31.08 and had previously closed at $30.76.
Other equities research analysts have also issued research reports about the stock. Morgan Stanley initiated coverage on shares of Onestream in a research report on Monday, August 19th. They set an “equal weight” rating and a $29.00 price target for the company. Wolfe Research began coverage on shares of Onestream in a report on Monday, August 19th. They issued an “outperform” rating and a $32.00 target price for the company. Loop Capital began coverage on Onestream in a research note on Monday, August 19th. They issued a “buy” rating and a $35.00 price target for the company. Scotiabank began coverage on Onestream in a research note on Monday, August 19th. They issued a “sector outperform” rating and a $34.00 price target for the company. Finally, Bank of America upped their price target on Onestream from $35.00 to $36.00 and gave the stock a “buy” rating in a research note on Wednesday. Two investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Onestream presently has a consensus rating of “Moderate Buy” and an average price target of $34.07.
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About Onestream
Our vision is to be the operating system for modern Finance by unifying core financial functions and empowering the CFO to become a critical driver of business strategy and execution. OneStream delivers a unified, AI-enabled and extensible software platform—the Digital Finance Cloud—that modernizes and increases the strategic impact of the Office of the CFO.
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