ON Semiconductor (ON) Tops Q4 EPS by 5c; Guides Q1 Revs Modestly Below the Street
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February 5, 2019 7:10 AM EST
Citi analyst Christopher Danely raised the price target on ON Semiconductor (NASDAQ: ON) to $25.00 (from $21.00) while maintaining a Buy rating following the company's 4Q. ON reported 4Q18 revenue of $1.50 billion, slightly below guidance and Consensus of $1.51 billion. EPS of $0.50 was above Consensus of $0.47... More
February 4, 2019 1:18 PM EST
Baird analyst Tristan Gerra lowered the price target on ON Semiconductor (NASDAQ: ON) to $25.00 (from $28.00) while maintaining a Outperform rating.
The analyst comments, "Company-specific drivers include content and share gains in 5G infrastructure and in servers, ON's market share strength in... More
February 4, 2019 7:09 AM EST
Susquehanna analyst Christopher Rolland raised the price target on ON Semiconductor (NASDAQ: ON) to $25.00 (from $22.00) while maintaining a Positive rating.
Rolland commented, "Modestly missed 1Q19 guidance, generally in-line with managements commentary at CES. Raising PT from $22 to $25 on better opex outlook."
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