Mizuho Maintains Buy on Applied Mat, Raises Price Target to $167
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Vijay Rakesh has maintained a Buy rating on Applied Materials (NASDAQ:AMAT) and increased the price target from $162 to $167, indicating a positive outlook on the stock.
November 17, 2023 | 5:30 pm
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Mizuho analyst Vijay Rakesh has reiterated a Buy rating on Applied Materials and raised the price target to $167, suggesting a bullish stance on the company's future performance.
The increase in price target by a reputable analyst typically indicates a strong conviction in the company's growth prospects and financial health. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
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IMPORTANCE 85
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