B. Riley analyst Craig Ellis raised the firm’s price target on Onto Innovation (ONTO) to $180 from $173 and keeps a Buy rating on the shares. The firm updated its model after Onto Innovation completed acquisition of Semilab International for $495M.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge-fund level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ONTO:
- Onto Innovation’s Strategic Acquisition and Revenue Growth Drive Buy Rating
- Onto Innovation Completes Acquisition of Semilab USA
- Onto Innovation’s Q3 Earnings Call Highlights Growth and Challenges
- Onto Innovation price target raised to $126 from $120 at Stifel
- Onto Innovation price target raised to $173 from $170 at B. Riley