JP Morgan Maintains Overweight on Applied Mat, Raises Price Target to $165
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Harlan Sur has maintained an Overweight rating on Applied Mat (NASDAQ:AMAT) and raised the price target from $145 to $165.
August 18, 2023 | 11:13 am
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JP Morgan has maintained an Overweight rating on Applied Mat and raised the price target from $145 to $165.
The Overweight rating maintained by JP Morgan indicates a positive outlook for Applied Mat. The increase in the price target from $145 to $165 suggests that the analyst expects the stock to outperform in the short term. This could lead to a positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100