Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of chip-making materials producer Entegris
So what: Thursday's fall was the result of a soft earnings outlook; this bounce comes courtesy of an analyst upgrade. Dougherty had lowered the stock from buy to hold after the last earnings report, but reversed course with a new price target at $11.25 per share, or about 19% above current levels.
Now what: The semiconductor tools sector is full of ultravolatile stocks, several of which are following in Entegris' footsteps today. Ultra Clean Holdings
Interested in more info on Entegris? Add it to your watchlist.
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