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Mbappe-Tied Shoe Stock Can’t Shake Bear After Buzzy Investor Day

Source: Bloomberg

Analyst InsightsCorporate Guidance & OutlookConsumer Demand & RetailCompany Fundamentals

Jefferies maintained its bearish view on On Holding despite the athletic brand presenting an upbeat investor day. The firm argues that many of On's major growth goals are not feasible because its business remains narrowly focused, creating downside risk to the company’s longer-term outlook.

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mildly negative

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ONON-0.60

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