BofA Remains Bullish on Applied Materials (AMAT)

1 hour ago 1

Noor Ul Ain Rehman

Thu, May 7, 2026 astatine 12:26 PM CDT 1 min read

Applied Materials, Inc. (NASDAQ:AMAT) is 1 of the champion beardown bargain stocks to put successful according to billionaires. BofA lifted the terms people connected Applied Materials, Inc. (NASDAQ:AMAT) to $465 from $420 connected April 28, reaffirming a Buy standing connected the shares. The steadfast told investors that it raised respective terms targets crossed semiconductor superior instrumentality pursuing “strong” Lam Research results, and cited higher manufacture forecasts that should precede broad-based upward estimation revisions.

Seaport Research Calls Applied Materials (AMAT) Best Positioned Among Wafer Equipment Suppliers

Applied Materials, Inc. (NASDAQ:AMAT) besides received a standing update from B. Riley connected April 13. The steadfast lifted the terms people connected the banal to $485 from $450, and maintained a Buy standing connected the shares. It updated its multi-year AI capex and semiconductor superior wafer fab instrumentality views, and reported that it is much affirmative connected calendar twelvemonth 2026-2028 semi headdress prospects. Susquehanna besides raised the terms people connected Applied Materials, Inc. (NASDAQ:AMAT) to $500 from $435 connected April 9, maintaining a Positive standing connected the shares.

Applied Materials, Inc. (NASDAQ:AMAT) is simply a person successful materials engineering solutions engaged successful the proviso of manufacturing equipment, services, and bundle to the semiconductor, display, and related industries.

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