Stifel Maintains Buy on Applied Mat, Lowers Price Target to $270
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Brian Chin maintains a Buy rating on Applied Materials (NASDAQ:AMAT) but lowers the price target from $275 to $270.

August 16, 2024 | 12:53 pm
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Stifel analyst Brian Chin maintains a Buy rating on Applied Materials (NASDAQ:AMAT) but lowers the price target from $275 to $270.
The 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