Wall Street lifts targets as traders size up the next chip catalyst

January 18, 2026
1:25 am

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. (

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