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0.000775527789745829 0.0015079707022836 0.00155105557949166 0.00236966824644555 -0.00456699698405861 -0.00904782421370097 -0.0038776389487289 -0.00448082722964236
Stock impact report

Entegris (ENTG) Soars to 52-Week High on Upcoming Dividend, 61% PT Hike [Yahoo! Finance]

Entegris, Inc. (ENTG) 
Last entegris, inc. earnings: 4/21 06:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.entegris.com/investor-relations
Company Research Source: Yahoo! Finance
Entegris rallied for a third straight day on Thursday to hit a new 52-week high as investors gobbled up shares ahead of an upcoming dividend, while also taking path from an analyst's 61 percent price target hike for its stock. At intra-day trading, Entegris Inc. (NASDAQ:ENTG) climbed to as high as $118 before trimming gains to finish the session just up by 9.08 percent at $113.54 apiece. This followed a market report from UBS on the same day, issuing a “buy” recommendation on the stock after being neutral previously, while upgrading its price target to $145 from $90. The figure marked a 27.7 percent upside from its latest closing price. According to UBS, the revision was based on its optimism that Entegris Inc. (NASDAQ:ENTG) would benefit from a broader MSI system recovery, Taiwan Semiconductor's expansion of N2 nodes production, and the broader adoption of molybdenum, among others. UBS expects the said factors to contribute to a projected revenue growth of 10 percent and 11 Show less Read more
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