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Analysts’ Opinions Are Mixed on These Technology Stocks: SciPlay (SCPL) and ON Semiconductor (ON)

Analysts have been eager to weigh in on the Technology sector with new ratings on SciPlay (SCPLResearch Report) and ON Semiconductor (ONResearch Report).

SciPlay (SCPL)

In a report released today, Michael Pachter from Wedbush maintained a Hold rating on SciPlay, with a price target of $13.00. The company’s shares closed last Monday at $12.83.

According to TipRanks.com, Pachter is a 3-star analyst with an average return of 2.7% and a 49.4% success rate. Pachter covers the Technology sector, focusing on stocks such as Playtika Holding, Alphabet Class A, and Corsair Gaming.

Currently, the analyst consensus on SciPlay is a Hold with an average price target of $15.10.

See Insiders’ Hot Stocks on TipRanks >>

ON Semiconductor (ON)

Rosenblatt Securities analyst Kevin Cassidy maintained a Buy rating on ON Semiconductor today. The company’s shares closed last Monday at $62.46.

According to TipRanks.com, Cassidy is a top 25 analyst with an average return of 29.2% and a 73.2% success rate. Cassidy covers the Technology sector, focusing on stocks such as Smart Global Holdings, Skyworks Solutions, and Western Digital.

Currently, the analyst consensus on ON Semiconductor is a Moderate Buy with an average price target of $72.10, representing a 13.5% upside. In a report issued on February 13, Mizuho Securities also maintained a Buy rating on the stock with a $68.00 price target.

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