Barclays Maintains Underweight on Applied Mat, Raises Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Raimo Lenschow maintains an Underweight rating on Applied Mat (NASDAQ:AMAT) and raises the price target from $90 to $100.
May 19, 2023 | 9:36 am
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NEUTRAL IMPACT
Barclays maintains an Underweight rating on Applied Mat (NASDAQ:AMAT) and raises the price target from $90 to $100.
The news of Barclays maintaining an Underweight rating on Applied Mat and raising the price target from $90 to $100 is directly related to the company. However, the impact on the stock price is neutral in the short term as the rating remains unchanged, and the price target increase is not significant enough to cause a major shift in investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100