AMAT Stock Has Doubled This Year: Analyst Trims Price Target But Sees Higher 2027 Sales, Profit
Applied Materials (AMAT) shares jumped 5.2% on Tuesday, making the semiconductor equipment maker the top gainer on the Nasdaq-100 and pushing the stock to its highest level since Aug. 18, after Morgan Stanley raised its expectations for the company’s 2027 financials.In after-hours trading, the comp…