2022-01-18 06:22:01 AMAT Applied Materials
01/18/22 01/1806:22 01/18/2206:22 | Applied Materials price target raised to $205 from $160 at BerenbergBerenberg analyst Tammy Qiu raised the firm's price target on Applied Materials to $205 from $160 and keeps a Buy rating on the shares. The analyst thinks that all the mainstream semi chipmakers are spreading out their spending over several years due to the increasing level of chip design complexity. This multi-year roadmap indicates that spending will remain high in the coming years, Qiu tells investors in a research note. The analyst believes the semi shortage will be gradually resolved by the end of 2022. |
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