KeyBanc Raises ON Semiconductor Stock Target to $125 Amid Rising AI Datacenter Demand

KeyBanc upgraded its price target for ON Semiconductor (ON) from $75 to $125, citing a cyclical bottom and doubling of AI datacenter demand. The upgrade is part of broader analyst activity on May 5 involving multiple firms.

By David Moadel May 5, 2026 3 min read · Yahoo Finance · May 5, 2026, 15:43 UTC

Tickers: $NVDA $ON

Topics: AI Semiconductors Stock Upgrades

Read the full article at Yahoo Finance

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