Applied Materials forecasts strong Q1 revenue on easing supply chain woes
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Applied Materials (AMAT) PT Raised to $120 at Needham & Company on Stronger Earnings
November 18, 2022 6:53 AM ESTNeedham & Company analyst N. Quinn Bolton raised the price target on Applied Materials (NASDAQ: AMAT) to $120.00 (from $90.00) while maintaining a Buy rating following earnings.
The analyst commented, "Continued supply chain improvements led to a F4Q22 beat. Key points: 1) AMAT didn't quantify... More
