BofA raised the firm’s price target on MKS Inc. (MKSI) to $255 from $215 and keeps a Buy rating on the shares. Semi market sales are poised for outperformance inside “a historically strong WFE buildout” and E&P continues to gain share as AI-led drivers increase PCB/packaging complexity, notes the analyst, who raised estimates after MKS raised its Q4 guidance to the range high-end.
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