Entegris price target lowered to $141 from $150 at KeyBanc

KeyBanc analyst Aleksey Yefremov lowered the firm’s price target on Entegris (ENTG) to $141 from $150 and keeps an Overweight rating on the shares. While the market continues to grow at low single digits, Entegris is performing at a high level given its premier product portfolio, the firm says. Given that mainstream logic and memory markets have yet to see an inflection, KeyBanc sees the initial EBITDA guide for 2025 of about $1B underscoring the quality of Entegris’ growth franchise.