Needham Lowers Applied Materials Price Target to $470 From $580
Needham cut its Applied Materials price target to $470 from $580 while keeping a Buy rating, according to Dow Jones Newswires.
- published on Newsmetry
- original source published
the same feed is available to bots and dashboards through the api. connect the api →
what happened
Needham cut its price target on Applied Materials to $470 per share from $580, according to Dow Jones Newswires, which cited Benzinga ratings data. The firm kept its Buy rating on the stock. The rating update was published at 11:16 GMT on November 13, 2026.
why it matters
A single analyst's target change is a routine update rather than a company decision. It reflects one firm's view of fair value and tends to move sentiment around the stock more than the broader market.
tags
instruments
sources
- Applied Materials Price Target Cut to $470.00/Share From $580.00 by Needham — Dow Jones Newswires, 13 November 2026 at 11:16 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
alerts on your topics, the morning digest and the api — in your account.
get stories in real time ↗