KeyBanc analyst Steve Barger raised the firm’s price target on MKS Inc. (MKSI) to $250 from $180 and keeps an Overweight rating on the shares. The firm’s view over the past several years has been that MKS would regain its 2021 high of about $200. KeyBanc says it is happy to see it, and given attractive relative valuation it doesn’t think the momentum will slow just yet. The firm believes the lower valuation continues to primarily be a function of MKS’s debt, still near 4-times net debt/EBITDA.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
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 $175 from $150 at Wells Fargo
- Raising the Bar on MKS: Increased Confidence in Long-Term Growth and Upside to Street Estimates
- MKS Inc. price target raised to $215 from $200 at BofA
- MKS Inc. price target raised to $215 from $195 at Mizuho
- BofA Identifies 6 Behind-the-Scenes AI Stocks for 2026