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Stock Market & Financial Investment News

News Breaks
February 19, 2013
08:39 EDTONNNON Semiconductor Analyst Day extremely bullish, says Susquehanna
Susquehanna believes the ON Semiconductor analyst Day last week was extremely bullish on both the prospects for a cyclical recovery and specific drivers for the company. The firm noted increased traction in smartphones and the potential for improved earnings power. Shares are Positive rated with a $10 price target.
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September 10, 2014
10:00 EDTONNNOn The Fly: Analyst Downgrade Summary
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06:33 EDTONNNON Semiconductor downgraded to Neutral from Outperform at RW Baird
Baird downgraded On Semiconductor to Neutral to reflect expectations for a Q4 slowdown in notebooks, TD-LTE smartphones, and servers and now sees indications where MOSFET and MCU lead times are starting to pull in. The firm sees little upside to Q4 estimates and likely reductions in Q1. Price target lowered to $10 from $11.

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