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Mizuho Upgrades Applied Materials Rating Amid Increased Spending on Chip Equipment
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Applied Materials was upgraded to "Outperform" from "Neutral" by Mizuho on Wednesday, as the firm pointed to a sharp recovery in capital spending on semiconductors and improved demand across foundry and logic customers.
Analyst Vijay Rakesh raised the price target for the stock to $370 from $275, stating that the company is poised to benefit from a "significant acceleration" in spending on wafer fab equipment (WFE) through 2027.
Applied Materials was upgraded to "Outperform" from "Neutral" by Mizuho on Wednesday, as the firm pointed to a sharp recovery in capital spending on semiconductors and improved demand across foundry and logic customers.
Analyst Vijay Rakesh raised the price target for the stock to $370 from $275, stating that the company is poised to benefit from a "significant acceleration" in spending on wafer fab equipment (WFE) through 2027.
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Avient Corporation ($AVNT ) is a leader in colorants, additives, engineered materials, and sustainable polymers, serving industries like automotive, healthcare, packaging, and energy. 🌍💡
💰 Dividend Yield: 3.56% — 15th consecutive annual increase
📈 Current Price: $31.26 | 52-Week Range: $27.86 – $54.68
🌟 Strong Leadership: David N. Schneider leading Specialty Engineered Materials
$AVNT isn’t just a stock — it’s a steady growth and dividend play in the materials sector!
#AVNT #BinanceHODLerYB #Investing #Materials #GrowthStocks
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