Check Out What Whales Are Doing With AMAT
Portfolio Pulse from Benzinga Insights
A significant number of investors have taken a bearish stance on Applied Materials (NASDAQ:AMAT), with 70% of detected trades being bearish. The whales have been targeting a price range from $100.0 to $140.0 for AMAT over the last 3 months. The current price of AMAT is down -1.28% at $134.84. Wolfe Research and Mizuho have downgraded their actions to Outperform and Buy with price targets of $185 and $158 respectively.
September 26, 2023 | 4:15 pm
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Applied Materials has seen a bearish sentiment from investors, with a target price range of $100-$140. The stock is currently down -1.28% at $134.84. Wolfe Research and Mizuho have downgraded their actions with price targets of $185 and $158 respectively.
The bearish sentiment from investors, coupled with the downgrades from Wolfe Research and Mizuho, could potentially lead to a decrease in the stock price of AMAT in the short term.
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