UPDATE: KeyBanc Starts Entegris Inc (ENTG) at Overweight

KeyBanc analyst Aleksey Yefremov initiates coverage on Entegris Inc (NASDAQ: ENTG) with a Overweight rating and a price target of $183.00.

The analyst comments "We initiate Entegris (ENTG) with an Overweight rating and $183 PT. We see ENTG as in a league of its own among materials companies in terms of growth opportunity over the next five years. The Company's products are enabling the key semiconductor technology innovations, such as extreme ultraviolet (EUV) and gate-all-around. The adoption of advanced semiconductor nodes drives content gains for ENTG chemicals and equipment used in fabs (2-6x vs. current portfolio average), compounding the content gains that semiconductors see as a share of GDP."

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 $142.28 yesterday.

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