B. Riley analyst Craig Ellis raised the firm’s price target on On Semi (ON) to $58 from $56 and keeps a Neutral rating on the shares. The firm upped estimates post the company’s Q2 report.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ON:
- Here’s How Analysts Reacted to the Post-Earnings Selloff in On Semiconductor Stock
- On Semi price target raised to $60 from $50 at Benchmark
- On Semi price target lowered to $50 from $55 at UBS
- Watch Out! Analysts Downgraded these Stocks on August 4
- On Semi price target lowered to $65 from $75 at Susquehanna