Needham raised the firm’s price target on MKS Inc. (MKSI) to $260 from $210 and keeps a Buy rating on the shares. The company’s modest upside Q4 pre-announcement yesterday shouldn’t come as a shock to investors who have been tracking the positive tone coming out of the semi and PCB – Printed Circuit Board -markets in recent months, and the firm is also increasingly optimistic about MKS’ growth prosects in 2026 and 2027, the analyst tells investors in a research note.
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