The Numbers Behind ON Semiconductor’s (ON) Higher Target and Unchanged Hold Rating As the tech industry continues to grapple with supply chain disruptions and shifting market dynamics, ON Semiconductor Corp's latest earnings report has sent a ripple effect through the financial community.
The company's better than expected second quarter numbers, combined with its ambitious guidance for the third quarter and beyond, have analysts scrambling to reassess their predictions. Robert W.
Baird analyst Tristan Gerra increased his price target on ON Semiconductor to $108 while maintaining a Neutral rating.