Cantor Fitzgerald Initiates Coverage On Applied Mat with Neutral Rating, Announces Price Target of $180
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst C J Muse has initiated coverage on Applied Materials (AMAT) with a Neutral rating and set a price target of $180.

January 23, 2024 | 9:50 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Applied Materials received a Neutral rating from Cantor Fitzgerald with a price target of $180.
The initiation of coverage by Cantor Fitzgerald with a Neutral rating suggests that the analyst sees the stock performing in line with the market or sector. The price target of $180 indicates a potential direction for the stock price but does not imply significant upside or downside, hence the neutral score. The relevance is high as the news is directly about AMAT. The importance is significant as analyst ratings can influence investor perception and stock price, but it is not at the highest level as the rating is neutral rather than a buy or sell. The confidence level is high due to the credibility of Cantor Fitzgerald as a financial services firm.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100