Raymond James Maintains Outperform on Applied Mat, Raises Price Target to $225
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Srini Pajjuri has maintained an Outperform rating on Applied Materials (AMAT) and increased the price target from $180 to $225.
February 16, 2024 | 3:24 pm
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Raymond James has reaffirmed its Outperform rating on Applied Materials and raised the price target from $180 to $225.
The increase in price target by a reputable analyst firm like Raymond James typically signals a strong bullish outlook on the stock, suggesting potential upside. This could lead to increased investor confidence and a short-term rise in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100