Keybanc Maintains Overweight on ON Semiconductor, Raises Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst John Vinh has maintained an Overweight rating on ON Semiconductor (NASDAQ:ON) and increased the price target from $95 to $100.
February 06, 2024 | 10:02 am
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Keybanc analyst John Vinh maintains an Overweight rating on ON Semiconductor and raises the price target from $95 to $100.
The increase in price target by a reputable analyst suggests a positive outlook on the company's future performance, likely leading to increased investor confidence and potentially driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100