Redburn Atlantic Upgrades Applied Mat to Buy, Announces $175 Price Target
Portfolio Pulse from Benzinga Newsdesk
Redburn Atlantic analyst Timm Schulze-Melander has upgraded Applied Materials (NASDAQ:AMAT) from Neutral to Buy and set a price target of $175.

November 22, 2023 | 10:30 am
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Applied Materials upgraded to Buy from Neutral by Redburn Atlantic with a price target of $175.
Upgrades by analysts typically lead to a positive short term sentiment in the market, potentially increasing the stock's price. The new price target of $175 suggests a significant upside from the current trading level, indicating a strong bullish outlook by the analyst.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100