Citi raised the firm’s price target on MKS Inc. (MKSI) to $185 from $122 and keeps a Buy rating on the shares. The firm upped wafer fab equipment estimates to reflect rising artificial intelligence investments. Citi remains constructive on the sector.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MKSI:
- MKS Inc. price target raised to $168 from $151 at Morgan Stanley
- MKS Inc. price target raised to $175 from $147 at Mizuho
- MKS Inc. price target raised to $180 from $135 at Benchmark
- MKS Inc. price target raised to $180 from $160 at KeyBanc
- MKS Inc. price target raised to $180 from $175 at Deutsche Bank