Form 4 MKS INSTRUMENTS INC For: Feb 10 Filed by: Taranto Eric Robert
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MKS Instruments (MKSI) PT Lowered to $135 at JPMorgan
February 13, 2025 4:41 PM ESTJPMorgan analyst Peter Peng lowered the price target on MKS Instruments (NASDAQ: MKSI) to $135.00 (from $145.00) while maintaining a Overweight rating.
The analyst comments "MKS Instruments delivered better-than-expected Dec-Qtr results (revenue/margins/earnings), reflecting improving near/mid-term fundamentals. For the Mar-Qtr outlook, the team guided revenues to $910M( down 3% Q/Q), in line with consensus expectations on stable revenue trends in Semiconductors and a seasonal decline in its Electronics and Packaging and Specialty Industrial businesses. There are... More
