Onestream (NASDAQ:OS) Given New $37.00 Price Target at Piper Sandler

Onestream (NASDAQ:OS) had its target price lifted by Piper Sandler from $34.00 to $37.00 in a research note released on Friday morning,Benzinga reports. The firm currently has an overweight rating on the stock.

OS has been the topic of a number of other research reports. TD Cowen began coverage on Onestream in a research note on Monday, August 19th. They issued a “buy” rating and a $34.00 target price on the stock. BTIG Research started coverage on Onestream in a research note on Monday, August 19th. They issued a “buy” rating and a $37.00 target price for the company. Guggenheim lifted their price target on shares of Onestream from $34.00 to $35.00 and gave the stock a “buy” rating in a research note on Wednesday, September 4th. Citigroup initiated coverage on shares of Onestream in a research note on Monday, August 19th. They issued a “neutral” rating and a $34.00 price objective for the company. Finally, Scotiabank lifted 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. Two analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $35.00.

Onestream Stock Performance

NASDAQ OS opened at $34.33 on Friday. The business has a 50 day moving average price of $30.88. Onestream has a 1 year low of $24.50 and a 1 year high of $35.39.

Institutional Trading of Onestream

Institutional investors and hedge funds have recently modified their holdings of the business. TimesSquare Capital Management LLC bought a new position in Onestream during the third quarter valued at approximately $67,746,000. Primecap Management Co. CA purchased a new stake in Onestream during the third quarter valued at $9,017,000. Seven Grand Managers LLC purchased a new position in Onestream in the third quarter worth about $6,780,000. King Luther Capital Management Corp bought a new stake in shares of Onestream during the 3rd quarter valued at about $3,051,000. Finally, Dakota Wealth Management purchased a new stake in shares of Onestream during the 3rd quarter valued at about $2,412,000.

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.