onsemi (ON) August 2 weekly 68 straddle priced into quarter results
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- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
- One killed, three injured when man attacks Swedish school with sword
CFRA Upgrades ON Semiconductor (ON) to Hold
July 29, 2024 11:41 AM EDTCFRA analyst Angelo Zino upgraded ON Semiconductor (NASDAQ: ON) from Sell to Hold with a price target of $80.00 (from $70.00).
The analyst comments "We up our 12-month target to $80 from $70 on a near historical P/E of 17x our 2025 EPS view. We raise our 2024 EPS view to... More
