Wall Street lifts targets as traders size up the next chip catalyst
New York, January 17, 2026, 19:32 EST — The market has closed.
- ON Semiconductor shares ended Friday at $60.33, up 0.08%, but slipped slightly in after-hours trading.
- Over the last two sessions, Wells Fargo, Stifel, and Citi raised their price targets but held steady on their ratings.
- As Tuesday’s session reopens, traders are focused on chip-sector momentum, tariff developments, and upcoming earnings dates.
ON Semiconductor Corp (ON) ended Friday at $60.33, edging up 0.08% following a wave of price-target boosts from Wall Street analysts. The stock held its ground ahead of the U.S. market holiday. In after-hours trading, shares hovered around $60.29 and have gained roughly 6% year-to-date. (
