Cowen lowered the firm’s price target on Applied Materials to $271 from $279 and keeps an Outperform rating on the shares. The analyst said they posted good 4Qresults and mixed 2023 guidance with solid fundamental growth though downside AFFO/share offset by various non-operational items.
Published first on TheFly
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- Applied Materials price target raised to $145 from $135 at Cowen
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