Mizuho Maintains Buy on Applied Mat, Raises Price Target to $225
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Vijay Rakesh maintains a Buy rating on Applied Materials (AMAT) and increases the price target from $185 to $225, indicating a positive outlook on the stock.
February 16, 2024 | 11:55 pm
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Mizuho analyst Vijay Rakesh has reaffirmed a Buy rating on Applied Materials and raised the price target from $185 to $225, suggesting a strong confidence in the company's future performance.
The increase in price target by a reputable analyst like Vijay Rakesh signals a strong bullish sentiment towards Applied Materials. This endorsement is likely to instill confidence in investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100