Wells Fargo Maintains Overweight on Applied Mat, Raises Price Target to $150
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Joseph Quatrochi maintains an Overweight rating on Applied Mat (NASDAQ:AMAT) and raises the price target from $135 to $150.
May 19, 2023 | 11:24 am
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Wells Fargo maintains an Overweight rating on Applied Mat and raises the price target from $135 to $150.
The news of Wells Fargo maintaining an Overweight rating on Applied Mat and raising the price target from $135 to $150 indicates a positive outlook for the company's stock. This is likely to have a positive impact on the stock price in the short term as investors may see this as a sign of confidence in the company's performance and growth potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100