Barclays Reiterates Equal-Weight on Applied Materials, Raises PT to $170.

Monday, Jul 28, 2025 9:20 am ET1min read

Barclays Reiterates Equal-Weight on Applied Materials, Raises PT to $170.

Barclays has reiterated its equal-weight rating on Applied Materials (AMAT) stock while raising its price target to $170. The investment bank's move comes as the semiconductor equipment manufacturer prepares to release its Q3 earnings on August 14. Analysts expect earnings of $2.36 per share and revenue of $7.21 billion [1].

The upgrade in the price target reflects Barclays' bullish outlook on AMAT's strategic moves and the company's focus on advanced packaging and innovation in the semiconductor industry. The upgrade also highlights the resilience of the data center sector, as seen in Digital Realty Trust's Q2 results and raised full-year 2025 forecast [2].

In other news, Carlyle Group surged to a new all-time high after acquiring a majority stake in Adastra Group, underscoring the private equity firm's strategic focus on growth opportunities [3].

References:
[1] https://www.ainvest.com/news/honeywell-q2-earnings-strategic-play-high-growth-industrial-sector-2507/
[2] https://www.nasdaq.com/articles/applied-materials-stock-amat-opinions-fiscal-q3-2025-results-anticipation
[3] https://coincodex.com/stock/AMAT/price-prediction/

Barclays Reiterates Equal-Weight on Applied Materials, Raises PT to $170.

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