Analyst Ratings For Onto Innovation
Portfolio Pulse from Benzinga Insights
Analysts have recently evaluated Onto Innovation (NYSE:ONTO), with 7 analysts providing ratings ranging from bullish to bearish. The average 12-month price target is $249.29, reflecting a slight increase from the previous target. Onto Innovation has shown strong revenue growth and profitability, but its return on equity lags behind industry averages.
November 01, 2024 | 8:00 pm
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Onto Innovation has received predominantly bullish analyst ratings, with a slight increase in the average 12-month price target to $249.29. The company shows strong revenue growth and profitability, but its return on equity is below industry averages.
The majority of analysts have given Onto Innovation a bullish rating, with an increase in the average price target, indicating positive sentiment. The company's strong revenue growth and profitability further support a positive outlook, although the lower ROE is a concern.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100