May 6 (Reuters) - ON Semiconductor Corp <ONNN.O>: * Citigroup raises ON Semiconductor Corp <ONNN.O> price target to $17 from $13; rating buy
What was Citigroup smoking?
Onnn beats by 0.07$ ... is worth around $4 extra on the stock price ... here's why:7¢x4Q=28¢ extra for the full year ... will likely be more so let's take 30¢ and put a multiple of 13 (conservative) and we get around $4 extra !!!Easy play till $15 for the rest of year ... I'm inThassico