Applied Materials price target raised to $245 from $205 at Mizuho

Mizuho raised the firm’s price target connected Applied Materials (AMAT) to $245 from $205 and keeps a Neutral standing connected the shares. The steadfast sees upside to 2026 wafter fab instrumentality estimate. The improving WFE outlook is affirmative for the company, the expert tells investors successful a probe note. However, Mizuho sees challenges for Applied Materials fixed its China stock nonaccomplishment and Intel exposure.

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