B. Riley Securities Maintains Buy on Onto Innovation, Raises Price Target to $250
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Craig Ellis has maintained a Buy rating on Onto Innovation (NYSE:ONTO) and increased the price target from $235 to $250.
May 10, 2024 | 12:46 pm
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B. Riley Securities has reaffirmed its Buy rating on Onto Innovation and raised the price target from $235 to $250, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Craig Ellis suggests a strong confidence in Onto Innovation's future performance. This endorsement is likely to positively influence investor sentiment and potentially drive up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100