24/7 Wall St.1d agobullish
Upgrade Cycle for ON Semiconductor: KeyBanc Hikes Price Target to $125 as AI Datacenter Demand DoublesA major analyst just made the bull case for ON Semiconductor (NASDAQ:ON), and it wasn’t alone. KeyBanc raised its ON Semiconductor stock price target on the chipmaker to $125 from $75, keeping an Overweight rating after a Q1 2026 print that pointed to a cyclical bottom. The call was part of a broad wave of ... Upgrade Cycle for ON Semiconductor: KeyBanc Hikes Price Target to $125 as AI Datacenter Demand Doubles