Davidson Increases Entegris Price Target to $13.00 (ENTG)
Davidson boosted their target price on shares of Entegris (NASDAQ:ENTG) from $12.00 to $13.00 in a research note issued on Monday, AR Network reports. The firm currently has a “buy” rating on the stock. Davidson’s target price indicates a potential upside of 15.56% from the stock’s previous close.
Shares of Entegris (NASDAQ:ENTG) opened at 11.12 on Monday. Entegris has a one year low of $8.89 and a one year high of $11.65. The stock’s 50-day moving average is $11.07 and its 200-day moving average is $10.21. The company has a market cap of $1.541 billion and a price-to-earnings ratio of 23.94.
Several other analysts have also recently commented on the stock. Analysts at Sidoti downgraded shares of Entegris from a “buy” rating to a “neutral” rating in a research note to investors on Monday, January 6th. Separately, analysts at TheStreet upgraded shares of Entegris from a “hold” rating to a “buy” rating in a research note to investors on Friday, December 6th. Finally, analysts at Needham & Company initiated coverage on shares of Entegris in a research note to investors on Thursday, December 5th. They set a “buy” rating and a $13.00 price target on the stock. Four equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Entegris presently has a consensus rating of “Buy” and an average target price of $12.00.
Entegris, Inc is a global developer, manufacturer and supplier of products and materials used in processing and manufacturing in the semiconductor and other high-technology industries.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.