Stifel Maintains Buy on Onto Innovation, Raises Price Target to $150
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Brian Chin has reaffirmed a Buy rating on Onto Innovation (NYSE:ONTO) and increased the price target from $135 to $150.
November 10, 2023 | 8:31 pm
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Stifel analyst Brian Chin maintains a Buy rating on Onto Innovation and raises the price target from $135 to $150, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst typically signals a positive outlook on the company's future performance and can lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100