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Applied Materials (AMAT) PT Raised to $250 at Citi

May 20, 2024 6:37 AM EDT

Citi analyst Atif Malik raised the price target on Applied Materials (NASDAQ: AMAT) to $250.00 (from $211.00) while maintaining a Buy rating.

The analyst comments "AMAT reported 9% Apr-Q EPS beat and guided Jul-Q EPS 6% above Street. Overall end market commentary was similar to peers;... More