Morgan Stanley Maintains Equal-Weight on ON Semiconductor, Lowers Price Target to $110
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Joseph Moore has maintained an Equal-Weight rating on ON Semiconductor (NASDAQ:ON) and lowered the price target from $116 to $110.
October 11, 2023 | 2:36 pm
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Morgan Stanley has maintained an Equal-Weight rating on ON Semiconductor and lowered the price target from $116 to $110.
The lowering of the price target by Morgan Stanley could potentially lead to a negative sentiment among investors, which may put downward pressure on the stock price in the short term.
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RELEVANCE 100