Wells Fargo Maintains Overweight on ON Semiconductor, Raises Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Gary Mobley has maintained an Overweight rating on ON Semiconductor (NASDAQ:ON) and raised the price target from $95 to $120.
July 24, 2023 | 11:05 am
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POSITIVE IMPACT
Wells Fargo has maintained an Overweight rating on ON Semiconductor and raised the price target from $95 to $120.
The raised price target by Wells Fargo indicates a positive outlook for ON Semiconductor. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100