Citigroup Maintains Buy on Applied Mat, Raises Price Target to $160
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Atif Malik maintains a Buy rating on Applied Materials (NASDAQ:AMAT) and raises the price target from $136 to $160.
May 19, 2023 | 10:01 am
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Citigroup maintains a Buy rating on Applied Materials and raises the price target from $136 to $160.
Citigroup's maintained Buy rating and increased price target for Applied Materials (AMAT) indicates a positive outlook for the stock. The higher price target suggests that the analyst believes the stock has potential for further growth, which could lead to a short-term increase in stock price.
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IMPORTANCE 80
RELEVANCE 100