Breaking Down Applied Mat: 19 Analysts Share Their Views
Portfolio Pulse from Benzinga Insights
Applied Materials (NASDAQ:AMAT) received mixed analyst ratings over the last quarter, with a majority being bullish. The average 12-month price target increased to $224.26, with a high of $260.00 and a low of $160.00. The company's financials show strong profitability and effective cost management despite a slight revenue decline.
May 15, 2024 | 3:00 pm
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Applied Materials received mixed analyst ratings, with a majority being bullish. The average 12-month price target increased to $224.26, indicating positive sentiment. The company's financials show strong profitability and effective cost management despite a slight revenue decline.
The majority of analysts are bullish on AMAT, and the average price target has increased, indicating positive sentiment. The company's strong financial metrics, despite a slight revenue decline, further support a positive short-term outlook.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100