Needham Reiterates Buy on Applied Mat, Maintains $260 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 $260.
August 16, 2024 | 10:51 am
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Needham analyst Charles Shi has reiterated a Buy rating on Applied Materials (NASDAQ:AMAT) and maintained a price target of $260.
The reiteration of a Buy rating and a high price target of $260 by a reputable analyst is likely to positively impact investor sentiment and could lead to a short-term increase in AMAT's stock price.
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