Morgan Stanley Boosts Onestream (NASDAQ:OS) Price Target to $37.00

Onestream (NASDAQ:OS) had its price target increased by Morgan Stanley from $35.00 to $37.00 in a research note issued to investors on Tuesday,Benzinga reports. The firm presently has an “equal weight” rating on the stock. Morgan Stanley’s target price would indicate a potential upside of 7.40% from the company’s current price.

A number of other equities research analysts have also recently issued reports on the stock. BTIG Research started coverage on shares of Onestream in a research note on Monday, August 19th. They issued a “buy” rating and a $37.00 price objective for the company. Wolfe Research began coverage on shares of Onestream in a research report on Monday, August 19th. They set an “outperform” rating and a $32.00 price target for the company. Robert W. Baird lifted their price objective on Onestream from $35.00 to $38.00 and gave the stock an “outperform” rating in a report on Friday, November 8th. Loop Capital began coverage on Onestream in a report on Monday, August 19th. They set a “buy” rating and a $35.00 target price for the company. Finally, Piper Sandler raised their price target on Onestream from $34.00 to $37.00 and gave the stock an “overweight” rating in a research report on Friday, November 8th. Two equities research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $35.50.

Onestream Stock Up 2.8 %

Shares of NASDAQ:OS opened at $34.45 on Tuesday. Onestream has a 52-week low of $24.50 and a 52-week high of $35.39. The stock has a fifty day moving average of $31.03.

Institutional Trading of Onestream

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

Onestream Company Profile

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.