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A Quick Look at Today's Ratings for Entegris(ENTG.US), With a Forecast Between $115 to $154

Futu News ·  Nov 5 21:00  · Ratings

On Nov 05, major Wall Street analysts update their ratings for $Entegris (ENTG.US)$, with price targets ranging from $115 to $154.

Deutsche Bank analyst Melissa Weathers maintains with a buy rating, and adjusts the target price from $145 to $115.

Mizuho Securities analyst John Roberts CFA maintains with a buy rating, and adjusts the target price from $143 to $125.

Needham analyst Charles Shi maintains with a buy rating, and adjusts the target price from $150 to $120.

KeyBanc analyst Aleksey Yefremov maintains with a buy rating, and adjusts the target price from $164 to $154.

Craig-Hallum analyst Christian Schwab maintains with a buy rating.

Furthermore, according to the comprehensive report, the opinions of $Entegris (ENTG.US)$'s main analysts recently are as follows:

  • Following what has been characterized as 'an overall disappointing quarter and outlook,' expectations have been tempered with estimates reducing by approximately 8%-12% for future periods. This adjustment is not anticipated to shock investors, considering similar reports from peers, as per an analysis.

  • Entegris' guidance for the December quarter EBITDA fell short of the consensus expectations. This discrepancy is attributed to the robust performance in the artificial intelligence sector being counterbalanced by a downturn in the chip segment.

  • The firm observes that Entegris's performance in the second half of the year did not meet expectations largely due to a reduction in demand for 3D NAND and mainstream logic. From an objective standpoint, the current year has been notably underwhelming for the industry, as growth projections from both the firm and company management have been consistently adjusted downward.

Here are the latest investment ratings and price targets for $Entegris (ENTG.US)$ from 5 analysts:

StockTodayLatestRating_nn_205635_20241105_en

Note:

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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

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