Citigroup Maintains Buy on ON Semiconductor, Raises Price Target to $118
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Christopher Danely maintains a 'Buy' rating on ON Semiconductor (NASDAQ:ON) and raises the price target from $95 to $118.
July 18, 2023 | 4:03 pm
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Citigroup maintains a 'Buy' rating on ON Semiconductor and raises the price target from $95 to $118.
The raised price target by Citigroup indicates a positive outlook for ON Semiconductor. This could potentially attract more investors, driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100