Needham Maintains Buy on MKS Instruments, Raises Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
Needham analyst James Ricchiuti has maintained a Buy rating on MKS Instruments (NASDAQ:MKSI) and increased the price target from $96 to $120.
January 10, 2024 | 11:28 am
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Needham analyst James Ricchiuti reaffirmed a Buy rating on MKS Instruments and raised the price target to $120, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst typically signals a positive outlook on the company's future performance and can lead to increased investor confidence, potentially driving the stock price up in the short term.
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