Pacific Crest Starts MKS Instruments (MKSI) at Overweight

Pacific Crest initiated coverage on MKS Instruments (NASDAQ: MKSI) with an Overweight rating and a price target of $42. Analyst Weston Twigg thinks it will outgrow peers.

"MKS Instruments is the top supplier of critical subcomponents for semiconductor equipment, and it should grow semiconductor revenue in line with, to slightly faster than, fab equipment. It also has meaningful growth opportunities beyond semiconductors," said Twigg.

For an analyst ratings summary and ratings history on MKS Instruments click here. For more ratings news on MKS Instruments click here.

Shares of MKS Instruments closed at $36.00 yesterday.

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