New Street Research Adjusts Applied Materials PT to $220 From $345, Maintains Neutral Rating

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New Street Research has lowered its price target for Applied Materials (AMAT) to $220 from $345, while retaining a Neutral rating on the stock. This adjustment reflects an updated outlook from the research firm regarding the semiconductor equipment and testing company. The article also provides a company profile, financial data, and other news snippets related to Applied Materials.

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