Applied Materials Stock Sinks for 6th Day, but Cantor Sees 85% Upside
Applied Materials stock fell 7% on investor day, its sixth straight loss. Cantor Fitzgerald kept an $850 target, implying 85% upside.
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Options traders expect earnings-driven swings in seven stocks reporting Wednesday, including Fastenal, ASML, BlackRock, State Street, Morgan Stanley, Progressive and Bank of America.
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Applied Materials stock fell 7% on investor day, its sixth straight loss. Cantor Fitzgerald kept an $850 target, implying 85% upside.
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Bank of America faces $1.21 billion in anti-money laundering and sanctions penalties ahead of Q3 earnings.
https://home.treasury.gov/news/press-releases/sb0657/