MKS Inc. price target raised to $400 from $300 at Cantor Fitzgerald

Cantor Fitzgerald raised the firm’s price target on MKS Inc. (MKSI) to $400 from $300 and keeps an Overweight rating on the shares. Management remains highly constructive on long-term growth across both Semiconductor and Electronics & Packaging segments, with increasing confidence in the durability of semiconductor spending, the analyst tells investors in a research note. Expected NAND capacity expansion and rising substrate complexity, driven increasingly by AI demand, support a stronger-for-longer cycle, with meaningful EPS upside versus consensus and further benefits from deleveraging, PCB exposure, and a discounted valuation relative to peers, the firm says.