Rosenblatt Reiterates Neutral on ON Semiconductor, Maintains $75 Price Target
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Kevin Cassidy has reiterated a Neutral rating on ON Semiconductor (NASDAQ:ON), maintaining a $75 price target on the stock.
February 06, 2024 | 7:40 pm
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NEUTRAL IMPACT
Rosenblatt maintains a Neutral rating and a $75 price target on ON Semiconductor.
The reiteration of a Neutral rating and maintenance of a $75 price target by Rosenblatt suggests no significant short-term catalysts expected to drive the stock price significantly higher or lower. The analyst's view indicates a balanced risk-reward at the current levels, which is likely to keep the stock's price stable in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100