Jabran Kundi
Thu, June 11, 2026 astatine 8:32 AM CDT 2 min read
Earlier, connected May 15, Deutsche Bank accrued its terms people connected Applied Materials, Inc. (NASDAQ:AMAT) from $450 to $550 and maintained a Buy rating. The firm's revised atom people implies an further 10% upside from the existent levels. The terms people revision came aft the institution delivered beardown results and provided a bullish outlook. Deutsche Bank present expects Applied Materials' semiconductor concern to turn by much than 30% year-over-year successful 2026. The outlook points to maturation up of anterior expectations.
The affirmative expert sentiment followed the company's Q2 2026 net study connected May 14. Applied Materials Inc. (NASDAQ:AMAT) reported gross of $7.91 billion, which was up by 11% twelvemonth implicit year. The net per stock came successful astatine $2.86, which comfortably bushed the Wall Street statement of $2.68.
Applied Materials, Inc. (NASDAQ:AMAT) is simply a materials engineering solutions institution that provides equipment, software, and services to the semiconductor, display, and related industries. The institution operates done its Semiconductor Systems and Applied Global Services (AGS) segments.
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