TECH - MKS Instruments Set For Upside Analyst Predicts Strong Position In Advanced Electronics | Benzinga
KeyBanc analyst Steve Barger reiterated an Overweight rating on MKS Instruments, Inc (NYSE: MKSI) with a price target of $115.
The analyst recently hosted investor meetings with MKSI and walked away with increased conviction that the shares have a significant upside. Barger notes that MKSI has a strong position in foundational equipment supporting semiconductor and substrate manufacturing, which will benefit from cyclical recovery in consumer and commercial advanced electronics.
Additionally, MKSI's potential for ...