ON Semiconductor grabbed attention this week with the most dramatic analyst shift in the latest batch of rating changes. Multiple analysts revised their views simultaneously. The consensus average target price jumped from $75.17 to $102.34 — a swing of more than 36%.
The chipmaker carries a $40 billion market cap and short interest sits at 7.6% of free float. That combination makes any bullish analyst pivot significant.
First Solar also drew fresh coverage. Analysts issued a new recommendation on the solar panel maker. The consensus target stands near $246, with 21 analysts in the buy camp. Short interest is modest at 6.5% of FF.
DuPont de Nemours received an upward target price revision. Its consensus target ticked up to $55.60. The specialty chemicals firm has just 2.5% short interest, suggesting the market is broadly constructive.
Diamondback Energy also saw its target lift. The oil producer's consensus price moved to $224.67.
On the bearish side, L3Harris Technologies and both saw target cuts. L3Harris slipped to $383.89 from $385.47. Aptiv fell to $84.60 from $85.65, adding to pressure on the auto parts supplier.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data. Content is informational only and does not constitute investment advice.
