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Stock impact report

Is Applied Materials, Inc. (AMAT) a Top Data Center Stock Amid Burgeoning DRAM Opportunity? [Yahoo! Finance]

Applied Materials, Inc. (AMAT) 
Last applied materials, inc. earnings: 2/12 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
On April 10, analysts at Wolfe Research touted Applied Materials Inc. (NASDAQ:AMAT)'s competitive edge in the burgeoning DRAM market. They raised the stock's price target to $500 from $450 while maintaining an Outperform rating. Is Applied Materials, Inc. (AMAT) a Top Data Center Stock Amid Burgeoning DRAM Opportunity? The bullish stance comes on the heels of the company reiterating that DRAM will be the fastest-growing segment in 2026. In return, the research firm expects the company's DRAM revenue to increase by 34% in calendar year 2027. The increase would be driven by the company's strong position in deposition and conductor etch. In addition, Wolfe Research expects Applied Materials' NAND business to deliver a 10% increase in Calendar year 2027. The much lower growth compared to DRAM is due to the company's weaker position in the segment relative to its peers. On the other hand, MoffettNathanson lowered its price target on the stock to $214 from $231 but reiterated a Buy Show less Read more
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