Onestream (NASDAQ:OS) Price Target Raised to $35.00 at Raymond James

Onestream (NASDAQ:OS) had its target price upped by Raymond James from $34.00 to $35.00 in a research note released on Friday morning,Benzinga reports. Raymond James currently has an outperform rating on the stock.

Other equities research analysts also recently issued research reports about the company. Wolfe Research assumed coverage on Onestream in a research report on Monday, August 19th. They set an “outperform” rating and a $32.00 price target 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 price target for the company. TD Cowen initiated coverage on shares of Onestream in a research note on Monday, August 19th. They set a “buy” rating and a $34.00 price objective on the stock. BMO Capital Markets assumed coverage on shares of Onestream in a report on Monday, September 23rd. They set an “outperform” rating and a $38.00 price target for the company. Finally, Bank of America lifted their price objective on shares of Onestream from $35.00 to $36.00 and gave the company a “buy” rating in a research note on Wednesday, September 4th. Two research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Onestream currently has an average rating of “Moderate Buy” and an average target price of $35.00.

Onestream Stock Performance

Shares of NASDAQ OS opened at $34.33 on Friday. Onestream has a twelve month low of $24.50 and a twelve month high of $35.39. The stock’s 50 day simple moving average is $30.88.

Hedge Funds Weigh In On Onestream

Several institutional investors and hedge funds have recently modified their holdings of OS. First Horizon Advisors Inc. bought a new position in Onestream during the 3rd quarter valued at about $27,000. RiverPark Advisors LLC purchased a new stake in Onestream in the 3rd quarter worth approximately $92,000. Precision Wealth Strategies LLC purchased a new position in shares of Onestream during the 3rd quarter valued at $338,000. Atria Investments Inc bought a new position in shares of Onestream in the third quarter worth about $425,000. Finally, US Bancorp DE purchased a new stake in Onestream during the 3rd quarter valued at approximately $569,000.

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.