tiprankstipranks
Trending News
More News >

Applied Materials price target raised to $220 from $200 at Cantor Fitzgerald

Cantor Fitzgerald analyst C.J. Muse raised the firm’s price target on Applied Materials (AMAT) to $220 from $200 and keeps an Overweight rating on the shares. Cantor’s most recent industry checks point to modestly better Wafer Fab Equipment in calendar 2025, led by domestic China coupled with improving visibility to CY26 being another growth year, the analyst tells investors in a research note. The firm sees consensus estimates generally moving higher for the group, immune from tariff-related pull-in concerns, and China regulatory fears overblown.

Don’t Miss TipRanks’ Half-Year Sale

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1