Entegris price target raised to $115 from $95 at Goldman Sachs

Goldman Sachs analyst James Schneider raised the firm’s price target on Entegris (ENTG) to $115 from $95 and keeps a Sell rating on the shares. The stock is expected to remain range bound after a solid quarter with improved margins, but elevated investor expectations tied to a perceived CapEx upcycle and utilization gains temper upside, as management guides to mid-to-high single digit wafer start growth in 2026 alongside steady margin expansion from operational improvements and new facility ramps, the analyst tells investors in a research note.