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

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

OS has been the topic of several other research reports. Piper Sandler raised their price target on shares of Onestream from $32.00 to $34.00 and gave the company an overweight rating in a research report on Wednesday. TD Cowen initiated coverage on Onestream in a research report on Monday, August 19th. They set a buy rating and a $34.00 target price on the stock. Bank of America upped their price target on Onestream from $35.00 to $36.00 and gave the stock a buy rating in a report on Wednesday. Needham & Company LLC raised their price objective on Onestream from $33.00 to $35.00 and gave the company a buy rating in a report on Wednesday. Finally, Scotiabank started coverage on Onestream in a research note on Monday, August 19th. They set a sector outperform rating and a $34.00 target price for the company. Two investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of Moderate Buy and an average price target of $34.07.

Onestream Stock Down 1.8 %

Shares of NASDAQ:OS opened at $28.51 on Wednesday. Onestream has a 12-month low of $24.50 and a 12-month high of $32.49.

Insiders Place Their Bets

In other news, President Craig Colby sold 200,502 shares of the company’s stock in a transaction that occurred on Thursday, July 25th. The stock was sold at an average price of $18.85, for a total value of $3,779,462.70. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, President Craig Colby sold 200,502 shares of Onestream stock in a transaction that occurred on Thursday, July 25th. The stock was sold at an average price of $18.85, for a total transaction of $3,779,462.70. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, major shareholder Kkr Group Partnership L.P. sold 2,554,644 shares of the company’s stock in a transaction on Thursday, July 25th. The shares were sold at an average price of $18.85, for a total value of $48,155,039.40. The disclosure for this sale can be found here. Insiders have sold 2,775,146 shares of company stock valued at $52,311,502 in the last ninety 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.