Applied Materials' shares sink on weak China demand, tariff uncertainty
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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
