There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on RLX Technology (RLX – Research Report) and Applied Materials (AMAT – Research Report) with bullish sentiments.
Applied Materials (AMAT)
Citi analyst Atif Malik maintained a Buy rating on Applied Materials yesterday and set a price target of $250.00. The company’s shares closed last Friday at $212.08, close to its 52-week high of $219.36.
According to TipRanks.com, Malik is a top 25 analyst with an average return of
Applied Materials has an analyst consensus of Moderate Buy, with a price target consensus of $235.54, an 8.8% upside from current levels. In a report released yesterday, B.Riley Financial also maintained a Buy rating on the stock with a $255.00 price target.
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