B. Riley Securities Maintains Buy on ON Semiconductor, Raises Price Target to $135
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Craig Ellis maintains a 'Buy' rating on ON Semiconductor (NASDAQ:ON) and raises the price target from $110 to $135.
August 04, 2023 | 10:08 am
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B. Riley Securities maintains a 'Buy' rating on ON Semiconductor and raises the price target from $110 to $135. This could potentially lead to an increase in the stock's price.
The raised price target by B. Riley Securities indicates a positive outlook for ON Semiconductor. This could potentially attract more investors, leading to an increase in demand for the stock and subsequently, a rise in its price.
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IMPORTANCE 80
RELEVANCE 100