Morgan Stanley has maintained its "Overweight" rating for MKS Instruments (MKSI, Financial), with analyst Joseph Moore leading the coverage. The recent assessment sees the firm's price target for the stock rising from $100.00 to $112.00, marking an increase of 12%. The adjustments reflect a positive outlook on the company's potential market performance.
This update comes as Morgan Stanley continues to express confidence in MKS Instruments' operational strategies and growth potential. The steadfast "Overweight" rating suggests that MKS Instruments (MKSI, Financial) is anticipated to outperform other stocks within its sector over the coming months.
Investors will likely take note of this price target shift, as Morgan Stanley's revised forecast highlights the financial institution's optimism regarding MKS Instruments' future market position. As of the latest report, the new price target for MKSI is set at $112.00 USD.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 13 analysts, the average target price for MKS Inc (MKSI, Financial) is $117.55 with a high estimate of $160.00 and a low estimate of $90.00. The average target implies an upside of 13.75% from the current price of $103.34. More detailed estimate data can be found on the MKS Inc (MKSI) Forecast page.
Based on the consensus recommendation from 15 brokerage firms, MKS Inc's (MKSI, Financial) average brokerage recommendation is currently 2.1, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for MKS Inc (MKSI, Financial) in one year is $106.19, suggesting a upside of 2.76% from the current price of $103.34. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the MKS Inc (MKSI) Summary page.
