Applied Materials Fell 11% Last Month: A Prominent Wall Street Pro Predicts 70% Gains Moving Forward

Applied Materials (NASDAQ:AMAT) currently trades at $534.24, while the average Wall Street price target sits at $629.09. That leaves roughly 18% of implied upside to consensus, but a Street-high call from Susquehanna’s Mehdi Hosseini pushes the target ceiling much higher. Applied Materials is the largest US semiconductor capital equipment maker, selling deposition, etch, and inspection ... Applied Materials Fell 11% Last Month: A Prominent Wall Street Pro Predicts 70% Gains Moving Forward