Stifel Raised Meta Platforms (NASDAQ:META) price target to $230 Maintain Buy rating

Stifel analyst Mark Kelley will raise its price target on Meta Platforms (NASDAQ:META) to $230 from $210 and maintain a buy rating on the stock after the company released an 8-K filing detailing a new round of work and cost-cutting measures. The analyst told investors in a research note that he lowered his total spending … Read more

Stifel: Raised Applied Materials (NASDAQ:AMAT) price target to $140 from $132 with maintaining Buy rating

Stifel analyst Brian Chin raised its price target on Applied Materials (NASDAQ:AMAT) to $140 from $132 and maintained a buy rating after the company reported fiscal first-quarter earnings slightly above expectations, though a “surprising update” was that the company’s inventories were growing again month-over-month. Analysts believe that the company’s exposure to lagging WFE technology is … Read more