ON Semiconductor Extends Tender Offer to Acquire Fairchild Semiconductor
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Needham & Company Remains Bullish on ON Semiconductor (ON) Following 2Q
August 8, 2016 2:28 PM EDTNeedham & Company maintained a Buy rating and $14.00 price target on ON Semiconductor (NASDAQ: ON) following the company's 2Q earnings report. Revenue for the second quarter exceeded the high-end of guidance at $877.8 million, higher than expectations of $855 million. Non-GAAP EPS was reported at $0.23, inline with estimates.... More
