Mizuho Maintains Buy on ON Semiconductor, Raises Price Target to $120
Portfolio Pulse from jenniferd'souza@benzinga.com
Mizuho analyst Vijay Rakesh maintains a Buy rating on ON Semiconductor (NASDAQ:ON) and raises the price target from $112 to $120.
August 01, 2023 | 12:40 pm
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POSITIVE IMPACT
Mizuho maintains a Buy rating on ON Semiconductor and raises the price target from $112 to $120, which could lead to a positive market reaction.
The raised price target by Mizuho 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