Goldman Sachs downgraded Entegris (ENTG) to Sell from Neutral with a price target of $75, down from $88. The firm adjusted ratings in the semiconductor group as part of its 2026 outlook. Goldman sees hyperscaler artificial intelligence spending continuing to move higher, driving tailwinds for digital, memory and storage in 2026. It also also sees a gradual industrial and automotive recovery driving cyclical tailwinds in analog. The analyst believes Entegris is “poorly positioned” to capture upside with limited margin improvement.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ENTG: