BMO Capital Maintains Market Perform on ON Semiconductor, Raises Price Target to $110
Portfolio Pulse from richadhand@benzinga.com
BMO Capital analyst Ambrish Srivastava maintains a Market Perform rating on ON Semiconductor (NASDAQ:ON) and raises the price target from $105 to $110.
August 01, 2023 | 12:16 pm
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BMO Capital maintains a Market Perform rating on ON Semiconductor and raises the price target from $105 to $110.
The raised price target by BMO Capital indicates a positive outlook for ON Semiconductor. This could potentially lead to an increase in the stock price in the short term as it signals the analyst's confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100