Goldman Sachs raised the firm’s price target on Entegris (ENTG) to $95 from $75 and keeps a Sell rating on the shares. The quarter and guidance came in above Street estimates, which should cause the stock to trade higher, the analyst tells investors in a research note. Entegris remains focused on improving operational execution, but Goldman awaits clearer signs of a sustained cyclical upturn in the CapEx business and further evidence of execution improvement.
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