MKS Inc. price target raised to $180 from $160 at KeyBanc

KeyBanc analyst Steve Barger raised the firm’s price target on MKS Inc. (MKSI) to $180 from $160 and keeps an Overweight rating on the shares. The firm notes shares increased in a red tape following its Q3 earnings call. KeyBanc remains bullish as it expects MKS’s Semiconductor business to benefit from an improving WFE environment for both leading-edge logic and memory, which plays into its strong position supporting dep and etch tools.