Rating
Hold
Price target
$110
Previous
Implied upside
+31%

Cantor Fitzgerald analyst Matthew Prisco reiterated a Neutral rating and $110 price target on ON Semiconductor (NASDAQ: ON).

“In our Analog preview published July 8th (here), we talked about balanced risk/reward for ON into the print – and since then ON has traded -13% vs. Analog -15% and the SOX -15%.

Today, we are reiterating our view for balanced risk/reward into the print.”

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Price Target is an archive of Wall Street analyst research, published for informational purposes only. Nothing on this site is investment advice, a recommendation, or an offer to buy or sell any security. Analyst ratings and price targets are the opinions of the issuing firms, not of Price Target. Always do your own research or consult a licensed financial adviser.