BUZZ-Entegris shares rise on UBS rating upgrade, PT hike

Reuters
2026.01.15 15:42
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Shares of chip manufacturing supplier Entegrisrise 10.76% to $115.29UBS upgrades rating to ‘buy’ from ‘neutral’; raises price target to $145 from $90Earlier in the day, ENTG shares hit highest since September 26, 2024“As we look to C2027, we expect ENTG to benefit from higher volumes as the capex for all new fabs is filled and wafer starts move higher,” brokerage saysUBS sees clear path for co to benefit from its capacity adjustments and improving industry backdropStock had fallen 14.95% in 2025