New Buy Rating for ON Semiconductor (ON), the Technology Giant

Evercore ISI analyst Mark Lipacis maintained a Buy rating on ON Semiconductor (ON) with a $137 price target, citing his strong track record. Roth MKM’s Suji Desilva also issued a Buy rating today. Conversely, Stifel Nicolaus maintained a Hold rating on the stock.

Evercore ISI analyst Mark Lipacis maintained a Buy rating on ON Semiconductor today and set a price target of $137.00.

According to TipRanks, Lipacis is a top 25 analyst with an average return of 40.5% and a 69.29% success rate. Lipacis covers the Technology sector, focusing on stocks such as Lam Research, ON Semiconductor, and Advanced Micro Devices.

In addition to Evercore ISI, ON Semiconductor also received a Buy from Roth MKM’s Suji Desilva in a report issued today. However, on the same day, Stifel Nicolaus maintained a Hold rating on ON Semiconductor (NASDAQ: ON).