Susquehanna Raises Price Target on Applied Materials, Inc.
On June 30, Susquehanna analyst Mehdi Hosseini raised the price target for Applied Materials (NASDAQ:AMAT) to $900 from $575 while maintaining a 'Positive' rating. The upgrade was based on channel checks indicating an expanding semiconductor equipment backlog and rising WFE estimates through 2028.
Tickers: $AMAT
Topics: Applied Materials AR technology partnership price target upgrade Susquehanna