Mizuho Maintains Outperform on Applied Materials, Lowers Price Target to $590
Mizuho analyst Vijay Rakesh maintains Applied Materials (NASDAQ:AMAT) with a Outperform and lowers the price target from $650 to $590.
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Applied Materials Sees Years Of AI-Fueled Growth Ahead
Applied Materials positions for strong growth as AI drives 80% of chip equipment demand. JPMorgan reiterates an Overweight rating.
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Read original at benzinga