Barclays maintains Applied Materials at 'underweight' with a price target of $100.00

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Barclays maintains Applied Materials at 'underweight' with a price target of $100.00

An analyst from Barclays maintained Applied Materials (NASDAQ: AMAT ) at 'underweight' with a price target of $100.00 from a prior price target of $90.00.

Prior to this rating, Applied Materials had 21 buy ratings, 8 hold ratings, and 2 sell ratings.

For consensus analyst estimates and price targets on Applied Materials, click here. For more news on Applied Materials, click here.

Applied Materials's stock price closed at $129.92. They are up 13.58% in the last month and up 22.04% in the last 12 months.

According to Investing Pro, Applied Materials's fair value is $130.24, an upside of 0.24%. Applied Materials's fair value comes with a medium degree of uncertainty, according to InvestingPro.

Check out Applied Materials's recent earnings performance and financials here.

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