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Fly News Breaks for February 13, 2020
AMAT
Feb 13, 2020 | 06:35 EDT
Citi analyst Atif Malik raised his price target for Applied Materials to $76 from $70 after the company's results and recommends staying long the equipment makers. The analyst expects further upside to wafer fab equipment spend expectations in 2020 and 2021 and keeps a Buy rating on shares of Applied Materials.
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