We see further short-term downside on AMAT/KLAC/LRCX stocks - Citi
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Price: $602.50 +2.35%
Rating Summary:
38 Buy, 9 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 14 | Down: 11 | New: 17
Rating Summary:
38 Buy, 9 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 14 | Down: 11 | New: 17
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Citi analyst Atif Malik on US Semiconductor Equipment stocks: "We see further short-term downside on AMAT/KLAC/LRCX stocks based on WFE sensitivity analysis and maintain our view of an October group bottom based on a) memory pricing collapse, b) peak in China restrictions news flow, and c) estimate revisions approaching prior macro correction levels."
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