Evercore Group is Awaiting Confirmation That ON Semiconductor Corp. Has Turned the Corner

In a report published Friday, Evercore Group analyst Patrick Wang reiterated an Equal-Weight rating and $8.00 price target on ON Semiconductor Corp. (NASDAQ: ONNN ). In the report, Evercore Group noted, “Although ON printed a solid beat and raise and SANYO (now SSG) stabilized and achieved B/E, we await further