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Despite missing earnings, analysts give Onsemi a "Moderate Buy" with a $66.85 target price.
Daiwa Securities and Moran Wealth Management have increased their holdings in Onsemi, a semiconductor company focused on automotive, industrial, and 5G markets.
Onsemi's stock reached a new 12-month low at $41.85 and missed earnings estimates, reporting $0.95 per share against expected $0.98.
Despite this, analysts predict a $2.6 EPS for the year, with a "Moderate Buy" rating and a $66.85 price target.
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A pesar de las ganancias perdidas, los analistas le dan a Onsemi una "Compra Moderada" con un precio objetivo de 66,85 dólares.