Applied Materials (AMAT) PT Raised to $170 at Susquehanna
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Price: $640.18 +3.74%
Rating Summary:
38 Buy, 9 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 18 | Down: 12 | New: 24
Rating Summary:
38 Buy, 9 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 18 | Down: 12 | New: 24
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Susquehanna analyst Mehdi Hosseini raised the price target on Applied Materials (NASDAQ: AMAT) to $170.00 (from $155.00) while maintaining a Positive rating.
The analyst commented, "We are updating estimates given the underlying assumption that '21 WFE is now tracking to $75-80bn and '22 WFE continues to grow. AMAT is expected to outgrow the industry."
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