ON Semiconductor Names 2016 Distribution Partner Award Winners

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ON Semiconductor (ON) PT Raised to $20 at Needham & Company Following 4Q

February 13, 2017 3:18 PM EST

Needham & Company raised its price target on ON Semiconductor (NASDAQ: ON) to $20.00 (from $16.00) while maintaining a Buy rating. ON beat estimates across the board with $1.261 billion in revenue in 4Q, up 33% Q/Q, compared to a consensus estimate of $1.216B. Non-GAAP EPS was $0.29 vs previous... More