ON Semiconductor Posts 2Q Growth On AI Data Center Strength; Visibility Extends Into 2007
Shares of ON Semiconductor Corp (NASDAQ: ON ) rose in early trading on Tuesday, after the company reported upbeat second-quarter results. Here are the key analyst takeaways: Needham analyst Quinn Bolton reiterated a Buy rating, while cutting the price target from $130 to $116. Rosenblatt Securities analyst Kevin Cassid