'Speculative' Call Buying in ON Semiconductor (ON) Ahead of Earnings Report on 5/8 BMO -Susquehanna

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Go back to 'Speculative' Call Buying in ON Semiconductor (ON) Ahead of Earnings Report on 5/8 BMO -Susquehanna

ON Semiconductor (ON) PT Raised to $20 at Stifel Following 1Q

May 8, 2017 3:27 PM EDT

Stifel raised its price target on ON Semiconductor (NASDAQ: ON) to $20.00 (from $18.00) while maintaining a Buy rating. ON reported Non-GAAP Revenue of $1.28bn, above the Street estimate of $1.24bn.

Management announced that they continue to track significantly ahead of schedule in realizing synergies... More