Baird Maintains Outperform on ON Semiconductor, Raises Price Target to $120
Portfolio Pulse from jenniferd'souza@benzinga.com
Baird analyst Tristan Gerra maintains an Outperform rating on ON Semiconductor (NASDAQ:ON) and raises the price target from $100 to $120.
August 01, 2023 | 1:13 pm
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POSITIVE IMPACT
Baird analyst maintains an Outperform rating on ON Semiconductor and raises the price target from $100 to $120.
The news of Baird maintaining an Outperform rating and raising the price target for ON Semiconductor is likely to be seen as a positive signal by the market, potentially leading to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100