Needham Reiterates Buy on ON Semiconductor, Maintains $92 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Quinn Bolton reiterates a Buy rating on ON Semiconductor (NASDAQ:ON) and maintains a $92 price target.
April 30, 2024 | 9:29 am
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Needham analyst Quinn Bolton reiterates a Buy rating on ON Semiconductor with a $92 price target.
The reiteration of a Buy rating and maintenance of a $92 price target by a reputable analyst like Quinn Bolton from Needham is likely to instill confidence among investors and could positively influence ON Semiconductor's stock price in the short term. Analyst ratings, especially from well-regarded financial institutions, can significantly impact investor sentiment and stock prices.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100