Applied Materials shares are trading lower after Mizuho lowered its price target on the stock from $245 to $225.
Portfolio Pulse from Benzinga Newsdesk
Applied Materials shares declined following Mizuho's decision to lower its price target from $245 to $225.
September 20, 2024 | 6:43 pm
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Applied Materials shares are trading lower after Mizuho reduced its price target from $245 to $225, indicating a less optimistic outlook.
The reduction in price target by Mizuho suggests a less favorable view on Applied Materials' future performance, leading to a decline in its stock price. Such analyst actions often influence investor sentiment and can result in short-term price movements.
CONFIDENCE 90
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