Applied Materials (AMAT) Stock: $120 Price Target And Outperform Rating

By Amit Chowdhry ● May 25, 2022
  • The shares of Applied Materials (NASDAQ: AMAT) have received a $120 price target from Daiwa Securities. These are the details.

The shares of Applied Materials (NASDAQ: AMAT) have received a $120 price target from Daiwa Securities. And Daiwa Securities analyst Louis Miscioscia is maintaining an “Outperform” rating on the shares.

Earlier this month, Applied Materials had reported a Q2 EPS of $1.85, which was $0.05 lower than analyst estimates of $1.90. And the revenue for the quarter was $6.25 billion compared to the consensus estimate of $6.37 billion.

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