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ON Semiconductor Upgraded by Goldman Sachs to Buy
2013-03-23 22:00:53| Semiconductors - Topix.net
The firm currently has a $11.00 target price on the stock, up from their previous target price of $7.50. The analysts wrote, "We see upside to earnings over the next 4-6 quarters driven by strong progress toward ON's gross margin target of 41% , driven by cyclical recovery and restructuring actions such as the Aizu fab closure, with 200-300bp ... (more)
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Category:Electronics and Electrical