Where Applied Mat Stands With Analysts
Portfolio Pulse from Benzinga Insights
Applied Materials (NASDAQ:AMAT) has received diverse analyst ratings over the past three months, with a majority being bullish. The average 12-month price target has increased slightly to $254.0. Analysts have adjusted their ratings and price targets in response to market dynamics, with some lowering and others raising their expectations. Applied Materials is a leading semiconductor wafer fabrication equipment manufacturer with strong financial metrics, including a high net margin and return on equity.
September 16, 2024 | 6:00 pm
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Applied Materials has received a mix of bullish and somewhat bullish ratings from analysts, with a slight increase in the average 12-month price target to $254.0. Analysts have adjusted their ratings and price targets, reflecting changing market dynamics. The company's strong financial performance and market leadership in semiconductor equipment are highlighted.
The majority of analysts have a bullish outlook on AMAT, with a slight increase in the average price target, indicating positive sentiment. The company's strong financial metrics and market leadership position support this outlook. However, some analysts have lowered their price targets, reflecting caution.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100