Exane BNP Paribas Downgrades ON Semiconductor to Neutral, Announces $95 Price Target
Portfolio Pulse from Benzinga Newsdesk
Exane BNP Paribas analyst Jerome Ramel has downgraded ON Semiconductor (NASDAQ:ON) from Outperform to Neutral and set a price target of $95.
October 04, 2023 | 10:58 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
ON Semiconductor has been downgraded from Outperform to Neutral by Exane BNP Paribas, with a price target of $95.
The downgrade from Outperform to Neutral by a reputable analyst could potentially lead to a short-term negative impact on ON Semiconductor's stock price. The new price target of $95 might also influence investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100