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Fly News Breaks for March 28, 2019
ON, QTNA
Mar 28, 2019 | 05:01 EDT
Barclays analyst Blayne Curtis upgraded Quantenna Communications (QTNA) to Equal Weight from Underweight and raised his price target for the shares to $24 from $14 after the company reached an agreement to be acquired by ON Semiconductor (ON) for $24.50 per share in cash.
News For QTNA;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.
