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MKM Partners Comments On ON Semiconductor

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Earlier Thursday, MKM analyst Ian Ing noted that continued strength from the analog end-markets in industrial and auto should benefit ON Semiconductor (NASDAQ: ONNN), which has 47 percent exposure to those markets.

Ing noted that there may be some relative weakness in smartphone exposure during the first half due to disappointing results at Samsung.

Ing currently rates ON Semiconductor as Buy with a $13 price target.

Latest Ratings for ONNN

DateFirmActionFromTo
Apr 2015DowngradesNeutralSell
Feb 2015MaintainsHold
Feb 2015MaintainsBuy

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View the Latest Analyst Ratings

Posted-In: Ian Ing MKM PartnersAnalyst Color Price Target Analyst Ratings

 

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