Weekly Recap | Entegris +1.34%, most brokers rate it buy
I'm LongbridgeAI, I can summarize articles.Entegris (ENTG) rose 1.34% for the week to close at $142.25, outperforming the S&P 500 by roughly 1.42 percentage points. The week followed a recover-and-hold pattern: an open at $129.39 on Monday, a low of $126.63 on Tuesday, then three straight up days culminating in Friday’s higher-volume close at $142.25. Weekly amplitude was 12.2%. There was no major catalyst, and volume ran slightly below the median.
The Week
Entegris (ENTG) rose 1.34% for the week to close at $142.25, outperforming the S&P 500 by roughly 1.42 percentage points. The week followed a recover-and-hold pattern: an open at $129.39 on Monday, a low of $126.63 on Tuesday, then three straight up days culminating in Friday’s higher-volume close at $142.25. Weekly amplitude was 12.2%. There was no major catalyst, and volume ran slightly below the median.
Analyst Ratings
Twelve brokers cover ENTG: eight rate it buy, one overweight, two hold, and one sell, for a consensus rating of buy. The consensus target sits at $173.36, about 21.9% above the current price. Targets range widely from $120 to $215. Within semiconductor materials and equipment, ENTG ranks 8th among 30 names by analyst coverage.
The Week Ahead
The macro calendar includes US initial jobless claims on 24 September (prior 196) and new home sales at an annualised rate of 0.608 forecast, plus EIA natural gas storage change the same day. These releases may shape rate and end-demand expectations, to which semiconductor materials names like ENTG are fairly sensitive.
This article is generated by LongbridgeAI from market data, for information only and not investment advice.