Mizuho Maintains Outperform on Applied Mat, Lowers Price Target to $225
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Vijay Rakesh maintains an Outperform rating on Applied Materials (NASDAQ:AMAT) but lowers the price target from $245 to $225.
September 20, 2024 | 5:23 pm
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Mizuho analyst Vijay Rakesh maintains an Outperform rating on Applied Materials but lowers the price target from $245 to $225, indicating a positive outlook with some caution.
The Outperform rating suggests a positive outlook for AMAT, but the lowered price target indicates some caution. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100