Bernstein Maintains Outperform on Applied Mat, Raises Price Target to $240
Portfolio Pulse from Benzinga Newsdesk
Bernstein analyst Stacy Rasgon maintains an Outperform rating on Applied Materials (NASDAQ:AMAT) and raises the price target from $230 to $240.
March 11, 2024 | 3:18 pm
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POSITIVE IMPACT
Bernstein analyst Stacy Rasgon reaffirms an Outperform rating on Applied Materials and increases the price target to $240.
The upgrade in the price target by a reputable analyst like Stacy Rasgon suggests a strong confidence in the company's future performance. This is likely to positively influence investor sentiment and potentially increase the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100