Onto Innovation Analysts Lower Their Forecasts After Q3 Results
Onto Innovation beat Q3 estimates and issued strong Q4 guidance; shares rose 4%, while analysts cut price targets despite bullish ratings.
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Onto Innovation beat Q3 estimates and issued strong Q4 guidance; shares rose 4%, while analysts cut price targets despite bullish ratings.
B. Riley has adjusted its price target for Onto Innovation to $308 from $285 while maintaining a Buy rating.
RBC has lowered its price target for Onto Innovation to $350 from $400 while maintaining an Outperform rating.
Analysts adjusted targets: RIOT upgraded to Buy; WIX downgraded to Underperform; targets also changed for MNDY, ONTO, ROIV, FERG and NVDA.