S&P Downgrades ON Semiconductor (ON) to 'BB' Following Fairchild Semi Deal Closure

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Jefferies Raises Price Target on ON Semiconductor (ON) Following Acquisition Completion

September 20, 2016 8:01 AM EDT

Jefferies reiterated a Hold rating on ON Semiconductor (NASDAQ: ON), and raised the price target to $13.00 (from $10.50), following the company's announcement that it has completed its acquisition of FCS for $2.4b in cash. Management expects the acquisition to be $0.20 accretive in 2017. In 2018/2019, management expects... More

Jefferies Raises Price Target on ON Semiconductor (ON) Following Acquisition Completion

September 20, 2016 8:00 AM EDT

Jefferies reiterated a Hold rating on ON Semiconductor (NASDAQ: ON), and raised the price target to $13.00 (from $10.50), following the company's announcement that it has completed its acquisition of FCS for $2.4b in cash. Management expects the acquisition to be $0.20 accretive in 2017. In 2018/2019, management expects... More

ON Semiconductor (ON) Completes Acqusition of Fairchild Semiconductor (FCS)

September 19, 2016 8:54 AM EDT

ON Semiconductor Corporation (Nasdaq: ON) and Fairchild Semiconductor International, Inc. (Nasdaq: FCS) jointly announced today that ON... More