Mizuho Maintains Buy on Applied Mat, Raises Price Target to $140
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Vijay Rakesh maintains a Buy rating on Applied Materials (NASDAQ:AMAT) and raises the price target from $136 to $140.
May 19, 2023 | 10:44 am
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Mizuho analyst Vijay Rakesh maintains a Buy rating on Applied Materials and raises the price target from $136 to $140.
The news of Mizuho maintaining a Buy rating and raising the price target for Applied Materials (AMAT) is positive for the stock. This indicates that the analyst has a positive outlook on the company's performance and believes that the stock price will increase in the short term. As a result, this news is likely to have a positive impact on AMAT's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100