Needham Reiterates Buy on Applied Mat, Maintains $240 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Charles Shi has reiterated a Buy rating on Applied Materials (NASDAQ:AMAT) and maintained a price target of $240.
May 17, 2024 | 11:44 am
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Needham analyst Charles Shi has reiterated a Buy rating on Applied Materials and maintained a price target of $240.
The reiteration of a Buy rating and a maintained price target of $240 by a reputable analyst is likely to positively impact investor sentiment and could lead to a short-term increase in AMAT's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100