Evercore ISI Group Maintains Outperform on Onto Innovation, Raises Price Target to $250
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Mark Lipacis maintains an Outperform rating on Onto Innovation (NYSE:ONTO) and raises the price target from $235 to $250.
May 10, 2024 | 4:39 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Evercore ISI Group's analyst Mark Lipacis has reaffirmed an Outperform rating on Onto Innovation and increased the price target from $235 to $250, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst suggests a strong confidence in the company's future performance. Such endorsements typically lead to positive investor sentiment and can drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100