Needham & Company Reiterates Buy Following ON Semiconductor's (ON) 3Q

Go back to Needham & Company Reiterates Buy Following ON Semiconductor's (ON) 3Q

Notable Analyst Rating Changes 10/30: (PPL) (ACRX) (ON) Upgraded; (ACGL) (NYCB) (PZZA) Downgraded

October 30, 2015 10:37 AM EDT

UPGRADES
Deutsche Bank upgrades PPL Corp (NYSE: PPL) from Hold to Buy with a price target of $36. Click Here for more... More

Pre-Open Stock Movers 10/30: (CRAY) (YRCW) (LNKD) Higher; (AAN) (CTRL) (SCTY) Lower (more...)

October 30, 2015 9:33 AM EDT

VirtualScopics (NASDAQ: VSCP) 50.8% HIGHER; reported Q3 EPS of ($0.02), versus ($0.33) reported last year. Revenue for the quarter came in at $3.22 million, versus $2.74 million reported last year.

... More

Wedbush Upgrades ON Semiconductor (ON) to Outperform

October 30, 2015 8:04 AM EDT

Wedbush upgraded ON Semiconductor (NASDAQ: ON) from Neutral to Outperform with a price target of $14.00 (from $12.00).

Analyst Betsy Van Hees commented, "When we downgraded ON to NEUTRAL rating in August, we were concerned that as a broad based supplier ONs guidance and constructive commentary... More

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

ON Semiconductor (ON) Reports In-Line Q3 EPS; Guides Q4 Revs Below the Street

October 29, 2015 4:31 PM EDT

ON Semiconductor (NASDAQ: ON) reported Q3 EPS of $0.23, in-line with the analyst estimate of $0.23. Revenue for the quarter came in at $904.2 million versus the consensus estimate of $906.75 million.

ON Semiconductor sees Q4 2015 revenue of $830-870 million, versus the consensus of $892.05 million.

"The current... More

UPDATE: Trading Radar for 10/29: Aetna (AET), LinkedIn (LNKD), Baidu (BIDU), ConocoPhillips (COP), MGM Resorts (MGM), Deckers (DECK) Report

October 28, 2015 2:53 PM EDT

(Updated - October 28, 2015 2:54 PM EDT)

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
8:30am EDT

Initial Claims - Street sees 264kContinuing Claims - Street sees 2.185MGDP: Adv. - Street sees 1.6%Chain Deflator: Adv. - Street sees 1.3%

Earnings:

A.H. Belo (NYSE: AHC) - no Street consensus
Aetna (NYSE: AET) - consensus EPS $1.77
Air Products (NYSE: APD) -... More