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Fly News Breaks for November 19, 2015
FCS, ON
Nov 19, 2015 | 06:31 EDT
Citi analyst Christopher Danely upgraded ON Semiconductor (ON) to Buy citing accretion from the Fairchild (FCS) acquisition. Danely has "high confidence" in the accretion targets and upped his price target for ON to $13 from $9.
News For ON;FCS From the Last 2 Days
ON
Apr 23, 2024 | 06:19 EDT
Wells Fargo lowered the firm's price target on On Semiconductor (ON) to $95 from $110 and keeps an Overweight rating on the shares ahead of quarterly results. The firm anticipates On to deliver a Q2 guide slightly below expectations as it adjusts to Tesla-specific (TSLA) production softness specific to image sensor and SiC sales.