Onto Innovation (ONTO) shares dropped 29% in recent Friday trading after analysts took action on the stock following the company's Q1 results.
Stifel downgraded Onto to hold from buy and cut its price target to $117 from $165, while Oppenheimer reduced Onto's price target to $130 from $150.
Intraday trading volume stood at over 2.2 million shares against a daily average of about 1.1 million shares.
Price: 89.69, Change: -37.12, Percent Change: -29.27