Jul. 10 at 11:17 AM
$AMAT Applied Materials price target raised to
$650 from
$530 at Stifel
Stifel raised the firm's price target on Applied Materials to
$650 from
$530 and keeps a Buy rating on the shares. The semiconductor equipment sector is positioned for continued growth as AI-driven demand outpaces supply, creating capacity constraints that could enable major equipment makers to benefit from stronger pricing power through 2027, the analyst tells investors in a research note.
