Goldman Sachs raised the firm’s price target on MKS Instruments (MKSI) to $129 from $128 and keeps a Neutral rating on the shares. The stock fell after its below-consensus Q1 earnings guide, but the firm was encouraged by management’s tone with regard to the core Semiconductor business and a pick-up in orders in NAND memory, the analyst tells investors in a research note. The firm is cutting its 2025-26 non-GAAP EPS estimates by 7% on average however to reflect the weaker-than-expected outlook for the Specialty Industrial segment.
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