Oppenheimer analyst Edward Yang raised the firm’s price target on Entegris (ENTG) to $160 from $135 and keeps an Outperform rating on the shares. The firm says Q1 was a modest 1% revenue/EPS beat after tax and one-timers, but showed promising structural gross margin step-up and improving demand across both MSI-driven and capex-sensitive products.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ENTG: