Citigroup Downgrades MKS Instruments to Neutral, Lowers Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
Citigroup has downgraded MKS Instruments from Buy to Neutral and reduced its price target from $145 to $120.
September 16, 2024 | 1:31 pm
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Citigroup analyst Atif Malik downgraded MKS Instruments from Buy to Neutral, reducing the price target from $145 to $120, indicating a less optimistic outlook.
The downgrade from Buy to Neutral by Citigroup suggests a less favorable view on MKS Instruments' future performance. The lowered price target from $145 to $120 indicates reduced expectations for the stock's potential upside, likely leading to a negative short-term impact on the stock price.
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