DA Davidson Starts ON Semi (ONNN) at Buy, $13 Price Target

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An analyst at DA Davidson initiates coverage on ON Semi (NASDAQ: ONNN) with a Buy rating and a $13 price target.

Although shares of ON Semi are flat today, volume is extremely heavy. With the stock last trading at $9.28, the firm's new price target implies potential upside of about 40%.

For more ratings news on ON Semi click here and for the rating history of ON Semi click here.

Shares of ON Semi closed at $9.28 yesterday, with a 52 week range of $6.07-$9.11.

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