Cantor Fitzgerald Reiterates Neutral on Applied Mat, Maintains $220 Price Target
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst C J Muse reiterated a Neutral rating on Applied Materials (AMAT) and maintained a $220 price target.

February 20, 2024 | 5:49 pm
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NEUTRAL IMPACT
Cantor Fitzgerald reaffirmed a Neutral rating on Applied Materials with a steady price target of $220.
The reiteration of a Neutral rating and maintenance of the price target by a significant analyst firm like Cantor Fitzgerald suggests no immediate positive or negative catalysts for Applied Materials' stock. This stability in outlook is likely to result in a neutral short-term impact on the stock price, as the market had likely already priced in the analyst's expectations.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 90