Applied Materials (AMAT) PT Raised to $170 at Susquehanna
Get Alerts AMAT Hot Sheet
Price: $492.32 -0.78%
Rating Summary:
37 Buy, 10 Hold, 1 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
37 Buy, 10 Hold, 1 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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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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