Applied Materials (NASDAQ:AMAT) Price Target Raised to $500.00
Argus has raised its price target for Applied Materials (NASDAQ:AMAT) from $420 to $500, maintaining a "buy" rating and implying a 25.5% upside. This follows strong quarterly results where the company beat earnings and revenue estimates and provided robust Q3 2026 guidance. Many other analysts have also increased their price targets, indicating a consensus "Moderate Buy" rating for the stock.
https://www.marketbeat.com/instant-alerts/applied-materials-nasdaqamat-price-target-raised-to-50000-2026-05-19/