Applied Materials Target Price Hiked by Royal Bank Of Canada

Applied Materials (NASDAQ:AMAT) received a boost in its target price from Royal Bank Of Canada, which increased it to $600.00 from $520.00.

This move indicates a potential upside of 17.45% from the company's previous close and reflects a positive forecast for the stock price.

The Goldman Sachs Group also reaffirmed its 'buy' rating on Applied Materials, setting a target price of $645.00, while HSBC reiterated its 'buy' rating with a target price of $683.00.