Needham & Company LLC downgraded shares of Onto Innovation ( NYSE:ONTO – Get Rating ) from a buy rating to a hold rating in a report released on Wednesday, The Fly reports. Several other research firms also recently commented on ONTO. Jefferies Financial Group raised their price objective on Onto Innovation from $100.00 to $123.00 in a research note on Monday, June 5th. Benchmark increased their target price on Onto Innovation from $97.00 to $118.00 in a research report on Friday, June 2nd.

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