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Fly News Breaks for November 18, 2015
ON, FCS
Nov 18, 2015 | 12:57 EDT
Morgan Stanley analyst Craig Hettenbach downgraded Fairchild Semiconductor (FCS) to Equal Weight saying the ON Semiconductor (ON) buyout is a good outcome for shareholders. Another bidder for Fairchild should not be ruled out given the "modest" premium paid by ON, Hettenbach tells investors in a research note.
News For FCS;ON From the Last 2 Days
ON
Apr 19, 2024 | 09:10 EDT
Exane BNP Paribas analyst David O'Connor downgraded On Semiconductor to Underperform from Neutral with a price target of $55, down from $74. The analyst has "grown more cautious" about end demand for silicon carbide, especially among U.S. suppliers. News of a potential cancellation of a low-end Tesla (TSLA) electric vehicle may make On's silicon carbide forecasts "more difficult to reach," the analyst tells investors in a research note. -
ON
Apr 19, 2024 | 05:06 EDT
Exane BNP Paribas analyst David O'Connor downgraded ON Semiconductor to Underperform from Neutral with a $55 price target.
