Truist Securities Maintains Buy on ON Semiconductor, Raises Price Target to $122
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst William Stein maintains a 'Buy' rating on ON Semiconductor (NASDAQ:ON) and has raised the price target from $93 to $122.
August 01, 2023 | 3:06 pm
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Truist Securities has maintained a 'Buy' rating on ON Semiconductor and raised the price target from $93 to $122.
The raised price target by Truist Securities 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