Stifel Reiterates Hold on ON Semiconductor, Maintains $82 Price Target
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Tore Svanberg has reiterated a Hold rating on ON Semiconductor (NASDAQ:ON) and maintained a price target of $82.
March 14, 2024 | 4:42 pm
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Stifel analyst Tore Svanberg reiterated a Hold rating on ON Semiconductor, with a maintained price target of $82.
The reiteration of a Hold rating and maintenance of the price target by a reputable analyst suggests a neutral short-term impact on ON Semiconductor's stock price. The analyst's view indicates no significant change in the company's valuation or outlook, which is why the score is neutral.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100