Keybanc Maintains Overweight on ON Semiconductor, Lowers Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst John Vinh maintains an Overweight rating on ON Semiconductor but lowers the price target from $95 to $90.
October 08, 2024 | 11:55 am
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Keybanc analyst John Vinh maintains an Overweight rating on ON Semiconductor but lowers the price target from $95 to $90, indicating a slightly less optimistic outlook.
The Overweight rating suggests continued confidence in ON Semiconductor's performance, but the lowered price target indicates a slightly reduced expectation for its stock price. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100