Raymond James Boosts Onestream (NASDAQ:OS) Price Target to $34.00

Onestream (NASDAQ:OS) had its target price upped by Raymond James from $32.00 to $34.00 in a research report sent to investors on Wednesday morning, Benzinga reports. The brokerage currently has an outperform rating on the stock.

A number of other analysts have also issued reports on the stock. Piper Sandler boosted their target price on shares of Onestream from $32.00 to $34.00 and gave the company an overweight rating in a research note on Wednesday. Robert W. Baird upped their target price on shares of Onestream from $32.00 to $35.00 and gave the stock an outperform rating in a research note on Wednesday. BTIG Research initiated coverage on shares of Onestream in a research note on Monday, August 19th. They set a buy rating and a $37.00 price target for the company. Guggenheim initiated coverage on Onestream in a research note on Monday, August 19th. They issued a buy rating and a $34.00 price objective on the stock. Finally, Wolfe Research assumed coverage on Onestream in a research report on Monday, August 19th. They set an outperform rating and a $32.00 target price for the company. Two investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of Moderate Buy and a consensus target price of $34.07.

Onestream Stock Down 1.8 %

OS opened at $28.51 on Wednesday. Onestream has a 52-week low of $24.50 and a 52-week high of $32.49.

Insider Buying and Selling

In other Onestream news, President Craig Colby sold 200,502 shares of the firm’s stock in a transaction that occurred on Thursday, July 25th. The shares were sold at an average price of $18.85, for a total value of $3,779,462.70. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other Onestream news, President Craig Colby sold 200,502 shares of the firm’s stock in a transaction dated Thursday, July 25th. The stock was sold at an average price of $18.85, for a total value of $3,779,462.70. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO William A. Koefoed sold 20,000 shares of the company’s stock in a transaction dated Thursday, July 25th. The shares were sold at an average price of $18.85, for a total transaction of $377,000.00. The disclosure for this sale can be found here. Insiders sold a total of 2,775,146 shares of company stock worth $52,311,502 in the last 90 days.

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.