Form 8-K ON SEMICONDUCTOR CORP For: Oct 29

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Go back to Form 8-K ON SEMICONDUCTOR CORP For: Oct 29

Susquehanna Remains Positive After ON Semiconductor (ON) Reports In-Line Results

October 30, 2015 6:44 AM EDT

Susquehanna reiterated a Positive rating and $14.00 price target on ON Semiconductor (NASDAQ: ON) following the company's 3Q earnings results. ON reported revenue of $904 mln, below consensus of $907 mln. EPS of $0.23 was in-line with consensus.

Analyst Chris Caso commented, "ONs guidance reflected the cyclical correction we... More