Needham Reiterates Buy on Applied Mat, Maintains $180 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Charles Shi has reiterated a Buy rating on Applied Materials (NASDAQ:AMAT) and maintained a price target of $180.
November 17, 2023 | 11:29 am
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Needham analyst reaffirms a Buy rating on Applied Materials with a $180 price target, indicating a positive outlook on the stock.
The reiteration of a Buy rating by a reputable analyst like Charles Shi from Needham tends to instill confidence in investors and can lead to a positive short term sentiment, potentially driving the stock price up.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100