A Glimpse Into The Expert Outlook On Onto Innovation Through 6 Analysts
Portfolio Pulse from Benzinga Insights
Six analysts have recently published ratings on Onto Innovation (NYSE:ONTO), with the majority being bullish. The average 12-month price target has increased by 16.16% to $257.5. Analysts have raised their price targets, reflecting positive sentiment towards the company's financial performance and market position.
July 15, 2024 | 3:00 pm
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POSITIVE IMPACT
Onto Innovation (NYSE:ONTO) has received predominantly bullish ratings from six analysts, with an average 12-month price target increase of 16.16% to $257.5. Analysts have raised their price targets, indicating positive sentiment towards the company's financial performance and market position.
The majority of analysts have given bullish ratings, and the average price target has increased significantly. This reflects strong confidence in Onto Innovation's financial performance and market position, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100