Morgan Stanley analyst Shane Brett raised the firm’s price target on MKS Inc. (MKSI) to $151 from $120 and keeps an Overweight rating on the shares. The firm’s enthusiasm towards MKS has been primarily driven by semis, and it continues to be bullish on MKS’ semi business, but the firm’s thesis has broadened as it sees durable growth into 2026 for the E&P business as well, the analyst tells investors.
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