Applied Materials (AMAT) Tops Q2 EPS by 12c, Q3 Guidance Beats

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Applied Materials (AMAT) PT Raised to $170 at Susquehanna

May 21, 2021 7:24 AM EDT

Susquehanna analyst Mehdi Hosseini raised the price target on Applied Materials (NASDAQ: AMAT) to $170.00 (from $155.00) while maintaining a Positive rating.

The analyst commented, "We are updating estimates given the underlying assumption that '21 WFE is now tracking to $75-80bn... More