Stock Track | Onestream Plunges 19% in Pre-Market on Analyst Downgrade

Stock Track

02-12

Onestream Inc. (OS) saw its stock price plummet 18.85% in pre-market trading on Wednesday, following a downgrade from analysts at JP Morgan.

In a research note, JP Morgan cut its rating on Onestream from Overweight to Neutral and lowered its price target on the stock from $30 to $26. The investment bank's move comes after assessing Onestream's prospects and revising its outlook on the company.

The sharp pre-market sell-off in Onestream shares reflects investors' reaction to JP Morgan's less favorable view on the stock. Analyst downgrades can significantly impact a company's stock price, as they influence market sentiment and investment decisions.

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(OS) saw its stock price plummet 18.85% in pre-market trading on Wednesday, following a downgrade from analysts at JP Morgan.</p>\n\n<p>In a research note, JP Morgan cut its rating on Onestream from Overweight to Neutral and lowered its price target on the stock from $30 to $26. The investment bank's move comes after assessing Onestream's prospects and revising its outlook on the company.</p>\n\n<p>The sharp pre-market sell-off in Onestream shares reflects investors' reaction to JP Morgan's less favorable view on the stock. 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