Applied Materials (AMAT): New Buy Recommendation for This Technology Giant
Bernstein analyst Stacy Rasgon has reiterated a Buy rating on Applied Materials (AMAT) with a price target of $260.00. This recommendation comes despite negative corporate insider sentiment, with several insiders selling shares recently. Applied Materials reported strong Q4 earnings with $6.8 billion in revenue and $1.9 billion in net profit.
https://www.theglobeandmail.com/investing/markets/stocks/AMAT/pressreleases/36405766/applied-materials-amat-new-buy-recommendation-for-this-technology-giant/