Jefferies Assumes Onto Innovation at Buy, Raises Price Target to $265
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Blayne Curtis has initiated coverage on Onto Innovation (NYSE:ONTO) with a Buy rating and increased the price target to $265.
May 13, 2024 | 12:47 pm
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Jefferies analyst Blayne Curtis assumes coverage on Onto Innovation with a Buy rating and a raised price target of $265, indicating a positive outlook on the stock.
Analyst ratings and price target adjustments are significant indicators for stock performance in the short term. A Buy rating combined with a raised price target from a reputable analyst firm like Jefferies can lead to increased investor confidence and potential stock price appreciation.
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IMPORTANCE 90
RELEVANCE 100