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Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

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Business & Economics

Here’s Why Morgan Stanley Maintained a Hold Rating on Applied Materials (AMAT)

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey
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82% Informative

Shane Brett CFA from Morgan Stanley maintained a Hold rating on Applied Materials, Inc. (NASDAQ:AMAT) with a price target of $ 158 .

The cautious rating is based on a mixed outlook on Taiwan Semiconductor Manufacturing ( NYSE : TSM ) and DRAM growth.

Shane Brett noted Applied Materials’s DRAM revenue is expected to drop 12% in fiscal 2026 .

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