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Stock impact report

3 Unpopular Stocks We Approach with Caution [Yahoo! Finance]

ON24, Inc. (ONTF) 
Company Research Source: Yahoo! Finance
Such forecasts are uncommon in an industry where maintaining cordial corporate relationships often trumps delivering the hard truth. At StockStory, we look beyond the headlines with our independent analysis to determine whether these bearish calls are justified. Keeping that in mind, here are three stocks where the skepticism is well-placed and some better opportunities to consider. ON24 (ONTF) Consensus Price Target: $8.10 (1% implied return) Powering over 1,700 companies' virtual marketing efforts since 1998, ON24 (NYSE:ONTF) provides a cloud-based platform that enables businesses to create interactive digital experiences and capture actionable data from customer engagement. Why Do We Pass on ONTF? Billings have dropped by 5.6% over the last year, suggesting it might have to lower prices to stimulate growth Sales are expected to decline once again over the next 12 months as it continues working through a challenging demand environment Long payback periods on sales an Show less Read more
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