Onto Innovation Stock: A Deep Dive Into Analyst Perspectives (7 Ratings)
Portfolio Pulse from Benzinga Insights
Onto Innovation (NYSE:ONTO) has received a variety of analyst ratings over the past quarter, with 7 analysts expressing opinions ranging from bullish to somewhat bullish. The average 12-month price target has increased by 15.69% to $246.43. Analysts have raised their price targets, reflecting positive sentiment towards the company's financial performance, including strong revenue growth, net margin, ROE, and ROA.
June 20, 2024 | 1:00 pm
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POSITIVE IMPACT
Onto Innovation has received predominantly bullish ratings from analysts, with a significant increase in the average 12-month price target. The company's strong financial performance, including notable revenue growth and efficient cost management, has contributed to this positive sentiment.
The majority of analysts have raised their price targets and ratings for Onto Innovation, reflecting strong financial performance metrics such as revenue growth, net margin, ROE, and ROA. This positive sentiment is likely to drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100