Jefferies analyst Blayne Curtis raised the firm’s price target on Onto Innovation (ONTO) to $200 from $170 and keeps a Buy rating on the shares. The firm says artificial intelligence should lift semiconductor capital, driving demand across leading edge, DRAM, and packaging.
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 management to meet virtually with KeyBanc
- Onto Innovation files to sell 641,771 shares of common stock for holders
- Onto Innovation Adopts New Deferred Compensation Plan
- Onto Innovation price target raised to $180 from $173 at B. Riley
- Onto Innovation’s Strategic Acquisition and Revenue Growth Drive Buy Rating
