Cantor Fitzgerald Raises Onto Innovation to Overweight, Sees Earnings Upside and Strategic Boost from Semilab Deal
Cantor Fitzgerald upgraded Onto Innovation Inc. (NYSE: ONTO) to Overweight from Neutral and increased its price target to $275 from $170, citing expected earnings upside, stronger guidance prospects and strategic benefits from a recent acquisition. The firm projects first-half 2026 revenue of $575 million to $600 million and anticipates higher cale…