Roth MKM analyst Suji Desilva lowered the firm’s price target on On Semiconductor (ON) to $60 from $100 and keeps a Buy rating on the shares.
ON Semiconductor stock fell sharply on Monday after the chip maker reported a fourth-quarter earnings miss and issued weak guidance. ON Semiconductor stock was down 7.2% to $48.17, on pace for its ...
The Arizona-based chipmaker--also known as Onsemi--on Monday guided for adjusted per-share earnings of 45 cents to 55 cents in the first quarter, as well as revenue between $1.35 billion and $1.45 ...
B, consensus $1.69B. Sees Q1 gross margin 39%-41%. Sees Q1 operating expenses $313-$328M. The company said, “Diluted shares outstanding can vary as a result of, among other things, the vesting of ...