UBS raises Applied Materials stock price target on supply outlook

Investing_ng | 15-05-2026 08:57pm |

UBS has increased its stock price target for Applied Materials, citing a positive outlook on supply conditions. The adjustment reflects the firm's confidence in the company's ability to navigate current market dynamics effectively. This revision comes as Applied Materials is expected to benefit from improving supply chain conditions, which may enhance its operational performance in the coming quarters.

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