tiprankstipranks
ON Semiconductor price target raised to $85 from $75 at Piper Sandler
The Fly

ON Semiconductor price target raised to $85 from $75 at Piper Sandler

Piper Sandler analyst Harsh Kumar raised the firm’s price target on ON Semiconductor to $85 from $75 and keeps an Overweight rating on the shares. The analyst believes the middle of the first half of 2023 "will prove to the definitive bottom for stocks from a fundamental angle." Piper’s posture remains constructive on semiconductors going into the prints this quarter.

Published first on TheFly

See today’s best-performing stocks on TipRanks >>

Read More on ON:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles