Entegris price target lowered to $117 from $130 at KeyBanc

KeyBanc lowered the firm’s price target on Entegris (ENTG) to $117 from $130 and keeps an Overweight rating on the shares. The firm considers the company’s Q1 as an overall negative update in terms of underlying growth across the portfolio, and loss of $50M of revenue in China in Q2, albeit a temporary issue.