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.
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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