Keybanc Maintains Overweight on Entegris, Raises Price Target to $136
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Aleksey Yefremov has maintained an Overweight rating on Entegris (NASDAQ:ENTG) and increased the price target from $107 to $136, indicating a positive outlook on the company's stock.
January 09, 2024 | 9:47 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Entegris' stock may see a positive short term impact due to Keybanc's raised price target from $107 to $136, reaffirming an Overweight rating.
Analyst ratings and price target adjustments are significant indicators for investors. Keybanc's decision to raise the price target for Entegris suggests a strong conviction in the company's future performance, which is likely to be viewed positively by the market. This could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100