Onto Innovation shares are trading lower after Needham cut its price target on the stock from $245 to $230.
Portfolio Pulse from Benzinga Newsdesk
Onto Innovation's stock is experiencing a decline following Needham's decision to lower its price target from $245 to $230.
November 01, 2024 | 7:28 pm
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NEGATIVE IMPACT
Onto Innovation's stock is trading lower due to Needham's reduced price target from $245 to $230.
The reduction in the price target by Needham suggests a less optimistic outlook on Onto Innovation's future performance, leading to a negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100