Form 8-K ON SEMICONDUCTOR CORP For: Feb 01
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B.Riley/FBR Remains Positive on ON Semiconductor (ON)
February 2, 2021 6:50 AM ESTB.Riley/FBR analyst Craig A. Ellis reiterated a Buy rating and $50.00 price target on ON Semiconductor (NASDAQ: ON).
The analyst comments "Following ONs 2/1 above-Street 4Q20 results and 1Q21 guide and 9:00 AM ET CC, we return with higher C21+22 EPS forecasts and reiterate a Buy rating and $50 PT. Specifically, C21s EPS rises 9% and C22 1% with slightly higher sales and solidly higher GM but in-line opex. We have five... More
ON Semiconductor (ON) PT Raised to $38 at Loop Capital
February 2, 2021 6:19 AM ESTLoop Capital analyst David Williams raised the price target on ON Semiconductor (NASDAQ: ON) to $38.00 (from $32.00) while maintaining a Buy rating.
The analyst comments "ON Semi delivered a strong quarter and issued 1Q guidance above consensus estimates on the top and bottom lines as the new CEO... More
