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Analysts Offer Insights on Technology Companies: Onto Innovation (ONTO), Squarespace (SQSP) and IonQ (IONQ)

Analysts have been eager to weigh in on the Technology sector with new ratings on Onto Innovation (ONTOResearch Report), Squarespace (SQSPResearch Report) and IonQ (IONQResearch Report).

Onto Innovation (ONTO)

Benchmark Co. analyst Mark Miller maintained a Buy rating on Onto Innovation today and set a price target of $145.00. The company’s shares closed last Thursday at $123.07.

According to TipRanks.com, Miller is a 5-star analyst with an average return of 17.4% and a 55.8% success rate. Miller covers the Technology sector, focusing on stocks such as Axcelis Technologies, Western Digital, and MKS Instruments.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Onto Innovation with a $150.00 average price target.

See Insiders’ Hot Stocks on TipRanks >>

Squarespace (SQSP)

Mizuho Securities analyst Siti Panigrahi maintained a Hold rating on Squarespace on November 7 and set a price target of $32.00. The company’s shares closed last Thursday at $28.40.

According to TipRanks.com, Panigrahi is ranked 0 out of 5 stars with an average return of -5.0% and a 45.0% success rate. Panigrahi covers the Technology sector, focusing on stocks such as Zoom Video Communications, Klaviyo, Inc. Class A, and ZoomInfo Technologies.

Squarespace has an analyst consensus of Moderate Buy, with a price target consensus of $36.00, representing a 23.0% upside. In a report issued on November 7, Oppenheimer also maintained a Hold rating on the stock.

IonQ (IONQ)

Benchmark Co. analyst David Williams reiterated a Buy rating on IonQ today and set a price target of $16.00. The company’s shares closed last Thursday at $11.23.

According to TipRanks.com, Williams is a 2-star analyst with an average return of 0.4% and a 46.2% success rate. Williams covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Power Integrations, and Rigetti Computing.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for IonQ with a $17.67 average price target, implying a 58.1% upside from current levels. In a report released yesterday, Craig-Hallum also maintained a Buy rating on the stock with a $21.00 price target.

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