<div id="readability-page-1"><p>Analyst Joshua Buchalter from TD Cowen maintained a Buy rating on ON Semiconductor and increased the price target to $75.00 from $70.00.</p><h3>Valentine's Day Sale - 70% Off</h3><ul><li>Unlock  hedge fund-level data  and  powerful investing tools  for smarter, sharper decisions  </li><li> Stay ahead of the market with  the latest news and analysis  and maximize your portfolio's potential</li></ul> <p>Joshua Buchalter has given his Buy rating due to a combination of factors, including a demand environment that remains broadly consistent with prior quarters and peers, even though the latest guidance came in below what many expected. He acknowledges that investors are waiting for clearer evidence of margin improvement, but he views the current situation as a phase of gradual recovery rather than structural deterioration.</p> <p>At the same time, he highlights strengthening secular drivers in automotive, industrial, and AI data center markets, with particular note of fast-growing DC power revenues and expanding design wins across multiple power and sensing applications. In his view, if management can execute on restoring gross margins as volumes recover, the company is well positioned to re-accelerate earnings, supporting his raised $75 price target and continued Buy recommendation.</p> <p>According to TipRanks, Buchalter is a 5-star analyst with an average return of <span>18.4%</span> and a 60.63% success rate. Buchalter covers the Technology sector, focusing on stocks such as Advanced Micro Devices, STMicroelectronics, and Texas Instruments.</p> <p>In another report released yesterday, Roth MKM also maintained a Buy rating on the stock with a $70.00 price target.</p></div>

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<p>Analyst Joshua Buchalter from TD Cowen has maintained a Buy rating on ON Semiconductor, raising the price target from $70 to $75. He cites consistent demand and potential margin recovery as key factors, despite recent guidance falling short of expectations. Buchalter emphasizes strong growth in automotive, industrial, and AI data center markets, and believes that if management can restore gross margins, the company is positioned for earnings re-acceleration. Roth MKM also supports a Buy rating with a $70 target.</p>

- TD Cowen analyst Joshua Buchalter has maintained a buy rating on Onsemi and raised the price target from $70.00 to $75.00.  
- His rating reflects a consensus on demand conditions, despite recent guidance falling short of expectations, and he sees current circumstances as a phase of gradual recovery.  
- Buchalter emphasized the long-term growth drivers in automotive, industrial, and AI data center markets, arguing the company is positioned to accelerate profitability if management successfully restores gross margins.

Tip Ranks

iShares Semiconductor ETF

Buy Rating Backed by Secular Growth and Margin Recovery Potential Supporting Raised $75 Target