Deutsche Bank raised the firm’s price target on On Semi (ON) to $75 from $65 and keeps a Buy rating on the shares. After the company reported Q4, the firm says results are “improving, but slowly.”
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:
- Bullish on onsemi: Stabilizing End Markets, Accelerating AI Data Center Growth, and Margin Expansion Support Buy Rating and $75 Target
- On Semi price target raised to $66 from $57 at Truist
- On Semi price target raised to $72 from $68 at Needham
- On Semi price target raised to $60 from $50 at Craig-Hallum
- Morning Movers: Fiserv and Spotify jump following fourth quarter results