Citigroup Maintains Buy on Applied Mat, Lowers Price Target to $240
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Atif Malik maintains a Buy rating on Applied Materials (NASDAQ:AMAT) but lowers the price target from $250 to $240.
August 05, 2024 | 12:09 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Citigroup analyst Atif Malik maintains a Buy rating on Applied Materials but lowers the price target from $250 to $240.
The maintained Buy rating suggests continued confidence in the stock, but the lowered price target indicates a slightly less optimistic outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100