Shares of BE Semiconductor Industries (Besi) rose over 4% after Morgan Stanley reiterated a positive outlook on the company, viewing a recent 7.5% guidance-driven selloff as a buying opportunity. The firm maintained its investment case and raised Besi’s price target, supported by strong order momentum, anticipated growth in AI-related advanced packaging demand, and increased EPS forecasts. Morgan Stanley remains cautious on hybrid bonding in the near term but expects significant year-on-year growth for Besi in Q2 2026.
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Besi recovers on positive Morgan Stanley comments after guidance-driven selloff
Shares of BE Semiconductor Industries (Besi) rose over 4% after Morgan Stanley reiterated a positive outlook on the company, viewing a recent 7.5% guidance-driven selloff as a buying opportunity. The firm maintained its investment case and raised Besi’s price target, supported by strong order momentum, anticipated growth in AI-related advanced packaging demand, and increased EPS forecasts. Morgan Stanley remains cautious on hybrid bonding in the near term but expects significant year-on-year growth for Besi in Q2 2026.