MKS Instruments (MKSI) Received its Third Buy in a Row


After Stifel Nicolaus and Rosenblatt Securities gave MKS Instruments (NASDAQ: MKSI) a Buy rating last month, the company received another Buy, this time from Needham. Analyst James Ricchiuti reiterated a Buy rating on MKS Instruments today and set a price target of $222.00. The company’s shares closed last Monday at $177.49.

According to TipRanks.com, Ricchiuti is a 5-star analyst with an average return of 22.7% and a 66.0% success rate. Ricchiuti covers the Technology sector, focusing on stocks such as Benchmark Electronics, Teledyne Technologies, and Faro Technologies.

MKS Instruments has an analyst consensus of Strong Buy, with a price target consensus of $230.57, a 27.1% upside from current levels. In a report issued on April 27, Stifel Nicolaus also maintained a Buy rating on the stock with a $250.00 price target.

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The company has a one-year high of $199.44 and a one-year low of $90.62. Currently, MKS Instruments has an average volume of 427.8K.

Based on the recent corporate insider activity of 35 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of MKSI in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

MKS Instruments, Inc. engages in the provision of instruments, subsystems, and process control solutions to measure, control, power, monitor, and analyze parameters of manufacturing processes. It operates through the Vacuum and Analysis; and Light and Motion segments. The Vacuum and Analysis segment comprises pressure measurement and control, flow measurement and control, gas and vapor delivery, gas composition analysis, residual gas analysis, leak detection, control technology, ozone generation and delivery, RF & DC power, reactive gas generation, and vacuum technology components. The Light and Motion segment includes lasers, photonics, sub-micron positioning, vibration control, and optics instruments. The company was founded in 1961 and is headquartered in Andover, MA.

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