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Why MKS Inc. Shares Are Climbing Higher

Why MKS Inc. Shares Are Climbing Higher

MKS ( (MKSI) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.

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MKS Inc.’s stock is on the rise following a Buy rating from Needham analyst James Ricchiuti, who set a price target of $136. This optimistic outlook is fueled by positive sentiment in the technology sector. The company’s shares recently closed at $121.26, with an analyst consensus rating of Strong Buy and an average price target of $128.27.

More about MKS

YTD Price Performance: 16.96%

Average Trading Volume: 1,192,550

Technical Sentiment Signal: Strong Buy

Current Market Cap: $8.14B

For further insights into MKSI stock on TipRanks’ Stock Analysis page.

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