Keybanc Maintains Overweight on ON Semiconductor, Lowers Price Target to $95
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst John Vinh maintains an Overweight rating on ON Semiconductor (NASDAQ:ON) but lowers the price target from $125 to $95.
October 31, 2023 | 11:13 am
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
ON Semiconductor's price target has been lowered from $125 to $95 by Keybanc, though the Overweight rating is maintained.
The lowering of the price target by Keybanc indicates a potential decrease in the stock's value. However, the maintained Overweight rating suggests that the stock is still expected to outperform its peers in the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100