Roth MKM Maintains Buy on ON Semiconductor, Raises Price Target to $90-Report Released on 5th February 2024
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Suji Desilva maintains a Buy rating on ON Semiconductor (NASDAQ:ON) and raises the price target from $75 to $90 as of 5th February 2024.
February 06, 2024 | 6:30 pm
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POSITIVE IMPACT
Roth MKM analyst Suji Desilva maintains a Buy rating on ON Semiconductor and raises the price target from $75 to $90.
The upgrade in price target by Roth MKM reflects a positive outlook on ON Semiconductor's future performance. This endorsement from a reputable analyst is likely to instill confidence in investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100