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Goldman Sachs Pours Fuel on Onto Innovation's Earnings Fire

Guavy AI Editorial Team
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Onto Innovation (NYSE:ONTO) has received a significant boost from The Goldman Sachs Group, which upgraded its rating to 'strong-buy' on Monday.

This upgrade is part of a larger trend in the company's stock performance. In recent months, several analysts have issued positive reports about Onto Innovation, including Morgan Stanley and Jefferies Financial Group.

According to MarketBeat.com, three equities research analysts have rated the stock with a 'strong buy' rating, while nine have given it a 'buy' rating and one has issued a 'hold' rating. The consensus rating is 'buy', with a target price of $380.30.

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