Movement Alert｜Entegris Pre-Market Rise 6.04% in Pre-Market Trading, BMO Raises Price Target After Strong Quarterly Results

Market Focus11-03

On November 3, Entegris rose 6.04% in Pre-Market Trading, trading at $160.71 per share, with turnover of $78,200.

The move followed a fresh event-driven catalyst: BMO raised its price target on Entegris to $195 from $167 while maintaining an Outperform rating, reinforcing positive sentiment after the company’s latest earnings beat and above-consensus outlook.

Entegris reported fiscal third-quarter adjusted EPS of $1.23 on revenue of $1.01 billion, above market expectations of about $1.02 to $1.03 and roughly $923 million to $925 million, respectively. The company also guided fourth-quarter adjusted EPS to $1.32 to $1.40 and revenue to about $1.03 billion to $1.06 billion, both ahead of consensus forecasts. Broader semiconductor equipment names were also stronger in the same session, including Applied Materials, ASML, Lam Research, KLA, and Teradyne.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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