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Analysts Offer Insights on Technology Companies: Applied Materials (AMAT) and Shimadzu (OtherSHMZF)

Tipranks - Tue Feb 17, 5:06AM CST

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Applied Materials (AMATResearch Report) and Shimadzu (SHMZFResearch Report) with bullish sentiments.

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Applied Materials (AMAT)

In a report issued on February 12, Ling Lee Keng from DBS maintained a Buy rating on Applied Materials, with a price target of $426.40. The company’s shares closed last Friday at $354.91.

According to TipRanks.com, Keng is a 4-star analyst with an average return of 14.8% and a 59.4% success rate. Keng covers the Technology sector, focusing on stocks such as Texas Instruments, UMS Integration, and Tokyo Electron. ;'>

Currently, the analyst consensus on Applied Materials is a Strong Buy with an average price target of $427.45, a 17.1% upside from current levels. In a report issued on January 28, Mizuho Securities also upgraded the stock to Buy with a $370.00 price target.

See today’s best-performing stocks on TipRanks >>

Shimadzu (SHMZF)

In a report released today, Tomoko Yoshihara from UBS maintained a Buy rating on Shimadzu, with a price target of Yen5500.00. The company’s shares closed last Friday at $28.00.

According to TipRanks.com, Yoshihara is ranked #10836 out of 12109 analysts.

Currently, the analyst consensus on Shimadzu is a Moderate Buy with an average price target of $32.26.

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