Baird Maintains Neutral on ON Semiconductor, Raises Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Tristan Gerra maintains a Neutral rating on ON Semiconductor and raises the price target from $70 to $75.
October 29, 2024 | 12:07 pm
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Baird analyst Tristan Gerra has maintained a Neutral rating on ON Semiconductor while increasing the price target from $70 to $75.
The increase in the price target from $70 to $75 suggests a positive outlook on ON Semiconductor's future performance. However, the Neutral rating indicates that the analyst does not see a strong buy or sell opportunity at the moment. The price target increase could lead to a slight positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100