BofA Raises Price Target for Applied Materials (AMAT) Amid Semiconductor Growth Outlook

Bank of America raised its price target for Applied Materials Inc. (NASDAQ:AMAT) to $720 from $540, maintaining a 'Buy' rating due to updated semiconductor industry forecasts and long-term contracts in AR display technology.

By Fatima Gulzar Sun, June 28, 2026 at 9:45 PM GMT+3 2 min read · Yahoo Finance ·

BofA Raises Price Target for Applied Materials (AMAT) Amid Semiconductor Growth Outlook

Tickers: $AMAT

Topics: Analyst Upgrades Applied Materials Semiconductors

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