Form 8-K ON SEMICONDUCTOR CORP For: Oct 30

Go back to Form 8-K ON SEMICONDUCTOR CORP For: Oct 30

ON Semiconductor (ON) PT Lowered to $92 at Needham & Company

October 30, 2023 4:15 PM EDT

Needham & Company analyst Rajvindra Gill lowered the price target on ON Semiconductor (NASDAQ: ON) to $92.00 (from $120.00) while maintaining a Buy rating.

The analyst commented, "Onsemi reported a strong quarter but guided down ~8% Q/Q as a key SiC customer pushes out ~$200MM of... More