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Sell ON Semiconductor Stock, Analyst Says. Weak Demand and Rising Competition Are a Tough Combination. -- Barrons.com
By Tae Kim ON Semiconductor is one of the worst-performing chip stocks this year, but that doesn't make it an attractive opportunity for investors, according to Morgan Stanley. On Wednesday, analyst
Express News | Onsemi : Morgan Stanley Cuts to Underweight
US stocks morning trading | The three major indexes are mixed, and popular China concept stocks are generally up. Baidu and JD.com rose more than 5%; MicroStrategy announced a stock split and surged nearly 9%.
Dow Jones fell 0.1%, Nasdaq rose 0.07%, S&P 500 index rose 0.08%; June CPI in the USA was lower than expected, and initial jobless claims fell to the lowest level since the end of May, reinforcing the expectation of a rate cut by the Federal Reserve.
This Darden Analyst Turns Bearish; Here Are Top 5 Downgrades For Thursday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings
Was the fund's reallocation blamed for the semiconductor sector's flash crash? An adapted essay has appeared in the semiconductor industry. What is the truth?
Since late June, the semiconductor sector has experienced a pullback, with significant fluctuations in individual stocks within the sector in recent days. In addition, the latest repositioning of equity funds will also be revealed in this month's second quarter report.
ON Semiconductor Shares Are Trading Lower After Morgan Stanley Downgraded the Stock From Equal-Weight to Underweight and Lowered Its Price Target From $70 to $65.
ON Semiconductor Shares Are Trading Lower After Morgan Stanley Downgraded the Stock From Equal-Weight to Underweight and Lowered Its Price Target From $70 to $65.