Bernstein raised the firm’s price target on Applied Materials (AMAT) to $325 from $260 and keeps a Market Perform rating on the shares. The firm maintains a positive view on secular WFE growth and sees a number of drivers for Applied Materials including SAM growth, an increasing services narrative, and capital return.
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Read More on AMAT:
- Applied Materials upgraded to Positive from Neutral at Susquehanna
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