Wells Fargo analyst Joe Quatrochi raised the firm’s price target on MKS Instruments to $95 from $90 and keeps an Equal Weight rating on the shares. The firm notes shares of MKS are up as it believes absent the ransomware attack, demand is showing higher resiliency to market corrections than Wells believes feared.
Published first on TheFly
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Read More on MKSI:
- MKS Instruments Reports Fourth Quarter And Full-Year 2022 Financial Results
- MKS Instruments sees Q1 revenue ex-ransomware impact $1B, consensus $928.16M
- MKS Instruments reports Q4 EPS $2.00, consensus $1.34
- MKS Instruments sees ransomware incident having material impact on Q1 results
- MKS Instruments reports Q4 adjusted EPS $2.00, consensus $1.34
