ON Semiconductor Corporation (NASDAQ:ON) Given Consensus Recommendation of "Hold" by Analysts

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Thirty analysts have given ON Semiconductor Corporation (NASDAQ:ON) a consensus “Hold” rating, with an average 12-month price target of $64.19. The company recently beat EPS estimates but saw an 11% year-over-year revenue decline, and while liquidity is strong, its high P/E ratio and insider selling suggest valuation risks. Recent analyst adjustments included both price target increases and a downgrade from “buy” to “hold” by Wall Street Zen.

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