This Is What Whales Are Betting On Applied Mat
Portfolio Pulse from Benzinga Insights
A significant bullish stance has been taken on Applied Mat (NASDAQ:AMAT) by an unknown entity, possibly an institution or wealthy individual. This was noticed through publicly available options history. The overall sentiment of these big-money traders is split between 50% bullish and 50% bearish. The whales have been targeting a price range from $130.0 to $165.0 for Applied Mat over the last 3 months. UBS has maintained their Neutral rating on Applied Mat with a price target of $150, while Needham upgraded its action to Buy with a price target of $180.

October 31, 2023 | 2:01 pm
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A significant bullish stance has been taken on Applied Mat (NASDAQ:AMAT) by an unknown entity. The overall sentiment of these big-money traders is split between 50% bullish and 50% bearish. UBS has maintained their Neutral rating on Applied Mat with a price target of $150, while Needham upgraded its action to Buy with a price target of $180.
The news of a significant bullish stance taken on Applied Mat by an unknown entity, possibly an institution or wealthy individual, is likely to have a positive impact on the stock. The sentiment of big-money traders is split evenly between bullish and bearish, indicating uncertainty. However, the upgrades from UBS and Needham could boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100