Stifel Maintains Buy on Onto Innovation, Raises Price Target to $215
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Brian Chin maintains a Buy rating on Onto Innovation (NYSE:ONTO) and raises the price target from $188 to $215.
March 25, 2024 | 10:48 am
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POSITIVE IMPACT
Stifel analyst Brian Chin reaffirms a Buy rating on Onto Innovation and increases the price target to $215.
The increase in price target by a reputable analyst like Brian Chin from Stifel signifies a strong confidence in Onto Innovation's future performance. This kind of positive analyst coverage typically leads to increased investor interest and can drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100