Raymond James Maintains Outperform on Applied Mat, Raises Price Target to $235
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Srini Pajjuri maintains an Outperform rating on Applied Materials (NASDAQ:AMAT) and raises the price target from $225 to $235.
May 17, 2024 | 4:45 pm
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Raymond James has maintained its Outperform rating on Applied Materials and increased the price target from $225 to $235, indicating confidence in the company's future performance.
The increase in the price target from $225 to $235 by Raymond James suggests a positive outlook on Applied Materials' future performance. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
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