Susquehanna Maintains Neutral on Applied Mat, Lowers Price Target to $112
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Mehdi Hosseini maintains a Neutral rating on Applied Materials (NASDAQ:AMAT) and lowers the price target from $125 to $112.

May 19, 2023 | 12:25 pm
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NEUTRAL IMPACT
Susquehanna analyst Mehdi Hosseini maintains a Neutral rating on Applied Materials and lowers the price target from $125 to $112.
The news directly mentions Applied Materials (NASDAQ:AMAT) and the lowered price target by Susquehanna analyst Mehdi Hosseini. The Neutral rating suggests that the stock is not expected to outperform or underperform the market in the short term. The lowered price target may have a neutral impact on the stock price as it still indicates potential upside, but less than previously expected.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100