Summit Insights Group Downgrades ON Semiconductor to Hold
Portfolio Pulse from Benzinga Newsdesk
Summit Insights Group analyst Kinngai Chan has downgraded ON Semiconductor (NASDAQ:ON) from Buy to Hold.
October 30, 2023 | 5:07 pm
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NEGATIVE IMPACT
ON Semiconductor has been downgraded from Buy to Hold by Summit Insights Group.
Analyst ratings often influence the stock price. A downgrade from Buy to Hold suggests that the analyst sees less upside potential, which could lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100