Needham Maintains Buy on MKS Instruments, Raises Price Target to $145
Portfolio Pulse from Benzinga Newsdesk
Needham analyst James Ricchiuti maintains a Buy rating on MKS Instruments (MKSI) and raises the price target from $125 to $145.
May 10, 2024 | 9:45 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Needham analyst James Ricchiuti reaffirmed a Buy rating on MKS Instruments and increased the price target from $125 to $145, indicating a positive outlook on the company's future performance.
The increase in price target by a reputable analyst like James Ricchiuti suggests a strong confidence in MKS Instruments' future performance and growth potential. This kind of positive analyst coverage typically leads to increased investor confidence and can drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100