AMAT stock pops on Mizuho upgrade as Applied Materials gets a $370 target

Shares of Applied Materials climbed roughly 1.1% to $336.21 by midday Wednesday, having surged as high as $349.19 earlier in the session.

Applied Materials stock rises as AMAT steadies with markets; Needham lifts target to $390

Applied Materials stock rises as AMAT steadies with markets; Needham lifts target to $390

Applied Materials, Inc. shares climbed 1.7% to $323.62 in late morning trading Wednesday, buoyed by a modest bounce in U.S. stocks and strength in chip equipment stocks. “That’s a sigh of relief for markets,” said Art Hogan, chief market strategist at B Riley Wealth, following President Donald Trump’s announcement that he would not pursue force to acquire Greenland.
21 January 2026
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