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Fly News Breaks for November 15, 2019
AMAT
Nov 15, 2019 | 06:27 EDT
KeyBanc analyst Weston Twigg raised his price target for Applied Materials to $70 from $54 after the company posted a "strong" Q4 beat and Q1 raise, saying the company remains optimistic on 2020, with upside likely to come from memory customers on top of steady logic/foundry demand. The analyst keeps an Overweight rating on the shares.
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