Citi analyst Atif Malik raised the firm’s price target on Applied Materials to $250 from $211 and keeps a Buy rating on the shares following the April quarter beat. The analyst sees further upside to Street 2025 estimates and expects Semicon West as the next major catalyst for the group.
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- Applied Materials price target raised to $235 from $225 at Raymond James
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- Applied Materials price target raised to $250 from $245 at TD Cowen
