Vetr Crowd Upgrades ON Semiconductor

The Vetr community on Wednesday upgraded ON Semiconductor Corporation ON from 3.5 stars (Buy) to 4.5 stars (Strong Buy). Crowd sentiment on the stock today is optimistic, with 66.7 percent of users giving the stock a Buy rating, 16.7 percent a Hold and 16.7 percent a Sell.

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At time of publication, ON shares were trading up 2.6 percent at $24.42. The Vetr crowd is bullish on the stock in the long run, with an aggregated price target of $26.68 implying 10.3 percent upside.

This bullish outlook was echoed by analysts. Among analysts, the 12-month consensus price target on the stock is at $27.