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:
Note:
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