D.A. Davidson maintained its Entegris ENTG Buy rating and $11 price target in a research report published today.
In the report, D.A. Davidson stated, "Despite our reduced expectations, ENTG trades at less than 10x our CY13 earnings expectations excluding $1.93 in net cash per share. We believe products from ENTG become more critical to the semiconductor manufacturing process as the industry migrates to smaller geometries."
Shares of Entegris closed today at $8.59, up 0.12% from Tuesday's market close.
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