Dougherty & Co Upgrades Entegris Inc (ENTG) to Buy

October 27, 2016 7:24 AM EDT
Get Alerts ENTG Hot Sheet
Price: $18.25 --0%

Rating Summary:
    5 Buy, 6 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 7 | Down: 8 | New: 1
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Dougherty & Co upgraded Entegris Inc (NASDAQ: ENTG) from Neutral to Buy with a price target of $20.

Richard Ryan said, "With a supportive semiconductor outlook, we believe ENTG should continue to show impressive execution. The company is becoming a more integral partner to its customers as manufacturing requirements become much more stringent. Contamination can occur at multiple points in a chemical’s journey from manufacturing, shipping, storing, sub-fab or in the actual tool used in wafer production. ENTG touches all points in this journey. ENTG’s new product introductions are expected to contribute an incremental $70M in 2018. So far, interest in these new products is impressive."

For an analyst ratings summary and ratings history on Entegris Inc click here. For more ratings news on Entegris Inc click here.

Shares of Entegris Inc closed at $15.61 yesterday.

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