- Applied Materials showcased DRAM and advanced packaging tech, issued a $1 trillion semiconductor industry revenue forecast, prompting analysts to update AMAT’s long-term outlook and market position.
- B. Riley Securities maintained a Buy rating on Applied Materials (AMAT) and raised its price target to $790 from $550, reflecting an upward revision to the broker’s valuation of the stock.
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Key facts: AMAT showcases DRAM & packaging; B. Riley raises PT to $790
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Applied Materials showcased DRAM and advanced packaging tech, issued a $1 trillion semiconductor industry revenue forecast, prompting analysts to update AMAT’s long-term outlook an