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- Chip stocks plunge, but bargain-hunters limit scale of tech rout
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- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
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Applied Materials (AMAT) PT Lowered to $167 at CFRA
August 15, 2025 2:56 PM EDTCFRA analyst Brooks Idlet lowered the price target on Applied Materials (NASDAQ: AMAT) to $167.00 (from $175.00) while maintaining a Hold rating.
The analyst comments "We cut our price target by $8 to $167, 17x our FY 26 (Oct.) EPS view, just below AMAT's 5-year average (~17.5x) as trade... More
Needham on Applied Materials (AMAT): 'We would be buyers on the weakness'
August 15, 2025 5:23 AM EDTNeedham analyst N. Quinn Bolton reiterated a Buy rating and $240.00 price target on Applied Materials (NASDAQ: AMAT)
The analyst comments "Applied Materials reported a surprise miss largely due to incremental softness in China and leading-edge logic into the FY end in... More

