UBS maintains Applied Materials at 'neutral' with a price target of $130.00

An analyst from UBS maintained Applied Materials (NASDAQ: AMAT ) at 'neutral' with a price target of $130.00 from a prior price target of $120.00.
Prior to this rating, Applied Materials had 21 buy ratings, 9 hold ratings, and 1 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 $136.57. They are up 21.76% in the last month and up 19.32% in the last 12 months.
According to Investing Pro, Applied Materials's fair value is $150.13, an upside of 9.93%. 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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